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HEALTHCARE FINANCE TOPIC I have answered these questions, but I need a second opinion. Please explain why you choose that answer! 1. Super Clinics offers

HEALTHCARE FINANCE TOPIC

I have answered these questions, but I need a second opinion. Please explain why you choose that answer!

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1. Super Clinics offers one service that has the following annual cost and utilization estimates Variable cost per visit Annual direct fixed costs Allocation of overhead costs Expected utilization $ 10 $50,000 $20,000 1,000 visits What price per visit must be set if the clinic wants to make an annual profit of $10,000 on the service? a. $ 70 b. $ 80 c. $ 90 d. $100 e. $110 2. Consider the following data: Fixed costs $10,000,000 Variable cost per inpatient day = $400 What revenue per inpatient day is required to obtain a profit of $1,000,000 at a volume of 10,000 patient days? a. $ 750 b. $1,000 c. $1,250 d. $1,500 e. $1,750 3. Super Clinics offers one service that has the following annual cost and volume estimates Variable cost per visit Annual direct fixed costs Allocation of overhead costs Expected volume $ 10 $50,000 $20,000 1,000 visits What price per visit must be set if the clinic wants to make an annual profit of $10,000 on the service? a. $ 70 b. $ 80 c. $90 d. $100 e. $110

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