Question
Health Care CLV Exercise Table Template Variable Patient Type #1 (COPD) Patient Type #2 Revenue $500 $10,000 Margin $500 x .75 = ? $10,000 x
Health Care CLV Exercise Table Template
| Variable | Patient Type #1 (COPD) | Patient Type #2 |
| Revenue | $500 | $10,000 |
| Margin | $500 x .75 = ? | $10,000 x .45 = ? |
| Lifetime | 15 | 3 |
| Churn Rate | ||
| Retention Rate | ||
| Acquisition Cost | $100 | $100 |
| Interest Rate (Fixed) | 5% | 5% |
| CLV1 (Simple Model) | ||
| CLV2 (Advanced Model) |
What is the customer lifetime value of first segment of clients? What is the customer lifetime value of the second segment of clients?
Are both segments profitable? Should Tess have different strategies for the management of each client segment? Why or why not?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Churn Rate Assuming 15 for both segments based on industry averages Retention Rate 1 Churn Rate 85 f...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
