Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kinder Hospital fee for service is $3000 under a prospective system. Under a capitation reimbursement system, Kinder must cover 800 patients. Its annual fixed costs

 Kinder Hospital fee for service is $3000 under a prospective system. Under a capitation reimbursement system, Kinder must cover 800 patients. Its annual fixed costs are $800,000 and its variable costs per admission is $2,000. 

Calculate Kinder net profit under the Fee for Service Reimbursement method if patient admissions are only 750.

 

 


 

 

 

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Heres how to calculate Kinder Hospitals net profit under the FeeforService Reimburseme... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analysis And Decision Making

Authors: Christian Albright, Wayne Winston, Christopher Zappe

4th Edition

538476125, 978-0538476126

More Books

Students also viewed these Finance questions

Question

What role does innovation play for a company such as Apple? LO.1

Answered: 1 week ago

Question

Explain the regulation of the secretions of the small intestine.

Answered: 1 week ago