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For Question 9 and 10 answer in generel point of view for question 7 use this data please Forecasted profit and loss statement developed with

For Question 9 and 10 answer in generel point of view

for question 7 use this data please

Forecasted profit and loss statement developed with inflation

Particulars

Daily Averages

5% inflation

For 2018

Net Revenue

$1,845

$1,937

Less

Salaries and wages

$451

$474

Physician Fee

$600

$630

Malpractice insurance

$107

$112

General insurance

$28

$29

Utilities

$36

$38

Equipment Lease

$5

$5

Building Lease

$417

$438

Other operating expenses

$300

$315

Net income/Loss

$99

$104

As we can observe from the above generated analysis 5% inflation occurs due to which this firm cannot make any profit in this year.

for question 8 use this data please

Table 2

Better Care Clinic

Incremental Cost Data

Variable Costs:

Medical supplies

$4.00 per visit

Administrative supplies

1.00

Total variable costs

$5.00 per visit

Semi fixed Costs:

Salaries and wages

$ 100

Physician fees

267

Total daily semi fixed costs $

$367

7. How would COVID-19 pandemic impact the final decision of whether to expand the clinic services or close the clinic?

8. Would the variable and semi-fixed costs be affected by the pandemic?

9. Would the clinic benefit from the telehealth services? If so, how would the telehealth services be transitioned in two-four paragraphs?

10. Provide four current or future implications of the pandemic affecting health care finance?

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