Question
I need answers to these 6 questions, PLEASE!! The actual case study can be found here: http://www.ache.org/PUBS/classroom/Gapenski%20FHF%202/Book%20Companion/FHFCASE4E2.pdf 1. Using the historical data as a guide,
I need answers to these 6 questions, PLEASE!! The actual case study can be found here:
http://www.ache.org/PUBS/classroom/Gapenski%20FHF%202/Book%20Companion/FHFCASE4E2.pdf
1. Using the historical data as a guide, construct a pro forma (forecasted) profit and loss statement for the clinic's average day for all of 2013 assuming the status quo. With no change in volume (utilization), is the clinic projected to make a profit? 2. How many additional daily visits must be generated to break even? 3. Thus far, the analysis has considered the clinic's near-term profitability, that is, an average day in 2013. Redo the forecasted profit and loss statement developed in Question 1 for an average day in 2018, five years hence, assuming that volume stays constant (does not increase). (Hint: You must consider likely changes in revenues and costs due to inflation and other factors. The idea here is to see if the clinic can "inflate" its way to profitability even if volume remains at its current level.) 4. Suppose you just found out that the $3,215 monthly malpractice insurance charge is based on an accounting allocation scheme which divides the hospital
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