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Pinebrook Medical Center, a not-for-profit acute care facility, has the following cost structure for its inpatient services: Fixed Costs $7,500,000 Variable Costs per inpatient day
Pinebrook Medical Center, a not-for-profit acute care facility, has the following cost structure for its inpatient services:
Fixed Costs $7,500,000
Variable Costs per inpatient day $250
Charge (revenue) per inpatient day $1,100
What volume is required to product a profit of $1,000,000?
a. 12,000 visits
b. 8,823 visits
c. 1,176 visits
d. 10,000 visits
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