The St. Thomas Sports Medicine Specialty Clinic offers services for students on a monthly basis. The service is a convenience for the athletes and other students at St. Thomas. ABC Community Healthcare provides the staff and support for the services.

• A physician provides 4 hours of care at $250 per hour. Three patient rooms are available for use during the clinic hours.
• The clinic operates 5 days per week.
• The calculation for this assignment is one month (20 days).
• A physician assistant supports the practice physician at $125 per hour.
• A Medical Assistant supports the practice physician and physician assistant and at $20 per hour.
• A Clerical coordinator supports the practice operation at $15 per hour.
• The cost of supplies averages $25 per patient appointment case including dressings, antibiotic products, and bandage wraps. (25x5x4= 500 per clinic).
• The physician provider sees 5 patients who show up for their appointments per hour. (20 patients are scheduled to be seen.)
• St Thomas charges $50 per hour for the rent associated with each room.
• The charge for the visit is $150.
• The patient cancellation averages 10 patients per month.
• Average reimbursement for each patient from the insurance company is $100 per visit. (Insurance reimburses $100, the adjustment/write off is $50) ... note: the total reimbursement to the clinic is $100.)
• Note: A typical co-pay for patients per visit would typically be assessed but is included in the students' tuition.

a brief analysis and computation for the case above. In your analysis, include the elements below:

• What are the fixed costs and variable costs for this monthly activity?
• What is the net profit for ABC Community Health Services?
• What is the variance between net income and net expense?
• What is the patient no show rate?
• Is this a financially profitable venture for ABC Community Health Services?
• How many patients are scheduled per month?