This discussion is based on Chapter 3- Problem 3.3 on page 113 of the textbook.

Gapenski's Healthcare Finance: An Introduction t...

Kristin L. Reiter; Paula H. Song

Refer to Green Valley Nursing Home's income statement. Discuss the following questions in the discussion forum. 1. How was operating income ($89,048) obtained as shown on Green Valley Nursing Home's income statement? 2. In order to obtain net income what do you need to remove from the operating income obtained in Ques 1 above? 3. How does Green Valley's profit margin compare with the values for Sunnyvale Clinic and Best Care?