Question
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Number of visits 10,000 Utilities $2500,
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Number of visits 10,000 Utilities $2500, wages & benefits $220,000, Rent, $5000 Administrative supplies$10,000, depreciation $30,000
Fixed costs: Medical supplies $50,000
Assume all costs are fixed except supplies costs, which are variable, what is the clinics underlying cost structure? What are the clinics expected total cost? What are the clinics estimated total costs at 7500,visits and 12500 visits? What is the average cost per visit at 7500, 10,000 and 12500 visits?
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