HCA341 California State Financial Management in Health Care Report Answer the following in the document provided, Answer the following in the document prov
HCA341 California State Financial Management in Health Care Report Answer the following in the document provided, Answer the following in the document provided , Answer the following in the document provided . ASSIGNMENT III
HCA 341 Financial Management in Health Care
Fall 2019
1. Consider the data in the table below for the three independent health services organizations:
Sales
Total Variable
Costs
Fixed
Costs
Total
Costs
Profit
a.
$10,000
$7,400
?
$10,000
?
b.
?
12,000
?
$14,600
$2,400
c.
$24,000
?
$6,800
?
$3200
Fill in the missing data by question marks.
2. General Hospital, a non-for-profit acute care facility, has the following cost structure for its
inpatient services:
Fixed costs
$10,000,000
Variable cost per inpatient day
$200
Charge (revenue) per inpatient day
$1,000
The Hospital expects to have a patient load of 15,000 inpatient days next year.
a. Construct the Hospitals base case projected P&L statement.
b. What is the Hospitals breakeven point?
c. What volume is required to provide a profit of $1,000,000? A profit of $500,000?
d. Now, assume that 20 percent of the hospitals inpatients come from a managed care plan that
wants a 25 percent discount from charges. Should the hospital agree to the discount proposal?
Show how you arrived at your decision.
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