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Payer Number of admissions Avg Revenue per admission Variable cost per admission

ID: 2703487 • Letter: P

Question

Payer

Number of admissions

Avg Revenue per admission

Variable cost per admission

FHP

$2000

$5000

$3000

Medicare

$5000

$4500

$4000

Commercial

$9000

$7000

$2500

Assume that General Hospital has the following three payer groups:

The hospital's fixed costs are $ 43 million

What is the hospital's net income?

A. 3 Million

B. 4 Million

C. Hospital has a loss

D. 2 Million

  

Payer

     

Number of admissions

     

Avg Revenue per admission

     

Variable cost per admission

     

FHP

     

$2000

     

$5000

     

$3000

  

     

Medicare

     

$5000

     

$4500

     

$4000

     

Commercial

     

$9000

     

$7000

     

$2500

   Assume that General Hospital has the following three payer groups: The hospital's fixed costs are $ 43 million What is the hospital's net income? 3 Million 4 Million Hospital has a loss 2 Million

Explanation / Answer

A. 3 Million


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