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Please help me with this question. I appreciate it a lot. I will give you good review! Asurgery center specializes in high-risk cardiovascular surger,! The
Please help me with this question. I appreciate it a lot. I will give you good review!
Asurgery center specializes in high-risk cardiovascular surger,! The center needs to forecast its profitability overthe next three years to plan for capital growth projects For the first year, the hospital anticipates serving 1 200 patients, which is expected to grow by 9% per year Based on current reimbursement formulas. each patient provides an average billing of S120,000, which will grow by 3% each year However, because of managed care, the center collects only 25% ot billings Variable costs for supplies and drugs are calculated to be 10% of billings. Fixed costs for salaries, utilities, and so on will amount to S20,000, 000 in the first year end ere assumed to increase by 6% per year. Develop e spreadsheet model to predict the net present value of profit over the next three years Use a discount rate of 4%. Complete the accompanyugspreadsheet model for the costs in Year (Type whole numbers.) Collection % Variable Cost % Discount Rate 5 Growth Rates Collected Patients Served Average Billing Amount Variable Costs Fixed Costs Year 1 The net present value of profit over the next three years is (Round to the nearest cent as needed ) Spreadsheet Model Collection % Total Total Costs Total Profit Collected x Variable Cost % Discount Rete 5 Growth Rates Patients Served Average Billing Collected Amount Variable Costs Fixed Costs Total Collected Total Costs Total Profit Year 1 Year 2 Year 3 print Done
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