Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dr. Mallory practices at your hospital and your competitor. Presented below are data for DRG 469 (major joint and limb reattachments,(lower extremity) with MCC that

Dr. Mallory practices at your hospital and your competitor. Presented below are data for DRG 469 (major joint and limb reattachments,(lower extremity) with MCC that reflects practice patterns for Dr. Mallory at the two hospitals: Your Hospital Competitor ____________________________________________________________ Discharges 150 90 Average age 68 50 Length of stay 4.4 4.1 Average cost $10,550 $7,108 Nursing cost 1,998 1,208 Ancillary cost 8,552 5,900 Operating room cost 2,405 2,158 Lab cost 836 484 Radiology cost 277 191 Medical Supplies cost 3,022 1,690 Pharmacy cost 857 335 Other costs 1,156 1,042 1. Activity: Calculate the contribution margin per case based on the following information: (a) Variable cost per case $2,000. (b) Fixed cost per period $200,000. (c) Price per case $4,800.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Stocks Bonds And The Investment Horizon

Authors: Haim Levy

1st Edition

9811250146, 978-9811250149

More Books

Students also viewed these Finance questions

Question

6. Identify seven types of hidden histories.

Answered: 1 week ago

Question

What is human nature?

Answered: 1 week ago