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I desperately need help with this assignment please. Attached are the documents. Thank you! Healthcare Financial Management and Economics Week 8 Assignment 2 Midwest Imaging

I desperately need help with this assignment please. Attached are the documents. Thank you!

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Healthcare Financial Management and Economics Week 8 Assignment 2 Midwest Imaging Center Assignment 2: Break-Even Point Formulas Before making hiring or purchasing decisions, healthcare organizations must consider whether the decision is nancially profitable. By calculating break-even points, organizations are able to examine actual costs and make more sound nancial decisions. For this Assignment, you use data from the Midwest Imaging Center and calculate break-even points. Scenario: Midwest Imaging Center is a small imaging center with two analogue lm or screen units. As the director of the center, Juanita Hernandez has been asked to determine if the current stafng is correct for her place or should she add another aide. She currently uses 2 mammography units, 2 Certied Technologists, and 1 aide. She has analyzed the current costs and determined the following: Reimbursement per screen $125 Equipment lease per month ($12,000 per machine) $24,000 Certified Technologists costs per mammography $35 Technologists aide per mammography $20 Variable cost per mammography $12 Equipment maintenance per month ($8,000 per machine) $16,000 To prepare for the Assignment: Examine the Midwest Imaging Center scenario. Reect on how you will use the provided financial data to calculate break-even points. Refer to Chapter 11 of Gapinski's Understanding Healthcare Financial Management for additional guidance. The Assignment: Given the above information, use the \"Week 8 Assignment 2 Break Even Excel Template\" to answer these items as a Department: Solve for monthly volume to break even. Solve for monthly volume needed to break even at desired $5,000 per month prot level. Solve for volume needed to break even at new reimbursement of $110 per screen and no prot. . Solve for volume needed to break even with one(1) additional aide. 0.090? Your Assignment is due by Day 7 of Week 8. Break-Even Point Part a. Part b. Part c. Part d. Givens From Costs Dollars No. Dollars No. Dollars No. Dollars No. Problem: Reimbursement A Reimbursement B Reimbursement C Reimbursement D Per Mammography (P) Per Mammography (P) Per Mammography (P) Per Mammography (P) Fixed Costs Fixed Costs Fixed Costs Fixed Costs Total Fixed Costs (TFC) Total Fixed Costs (TFC) Total Fixed Costs (TFC) Total Fixed Costs (TFC) Variable Costs Variable Costs Variable Costs Variable Costs Variables Costs based on Dollar Amount per Unit Variables Costs based on Dollar Amount per Unit Variables Costs based on Dollar Amount per Unit Variables Costs based on Dollar Amount per Unit Sum: Sum: Sum: Sum: Break-Even Point Break-Even Point Break-Even Point Break-Even Point Break-Even Units X = TFC / (P - V) Break-Even Units X = TFC / (P - V) Break-Even Units ( X = TFC / (P - V) Break-Even Units X = TFC / (P - V) Targeted Profit Targeted Profit Targeted Profit Targeted Profit Targeted Profit (TF) Targeted Profit (TF) Targeted Profit (TF) Targeted Profit (TF) Units required to reach targeted TF, X = (TFC + TF) / (P-V) Units required to reach targeted TF, X = (TFC + TF) / (P- Units required to reach targeted TF, X = (TFC + TF) / (P- Units required to reach targeted TF, X = (TFC + TF) / (P-V) V Units Units Units Units

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