Question
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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