Calculate break-even point

Reference no: EM1348562

You are attempting to develop a break-even for a capitation contract with a major HMO. Your hospital has agreed to provide all inpatient hospital services for 10,000 covered lives. You will receive $38 per member per month to cover all inpatient services. It is anticipated that 93 admissions per 1,000 covered lives will be provided with an average length of stay equal to 5.0, or 465 days per 1,000.

Answer the following questions:

- What is the role provided by break-even point and how would you calculate this point?
- Please calculate break-even point in patient days under the provided contract.
- What are the limitations of using break-even point and how would you incorporate this point with management strategic planning?

Solution Sum

Reference no: EM1348562

Questions Cloud

Find the minimum aperture diameter of a camera : How many 112 W lightbulbs can you use in a 100 V circuit without tripping a 15 A circuit breaker? (The bulbs are connected in parallel, that means that the potential difference across each lightbulb is 100 V.)

Show six traits of derailment : Choose a past or present manager, and state whether he or she has any of the six traits of derailment and provide specific examples of weaknesses

Describe each country reaction function : Describe each country's reaction function. Does a Cournot equilibrium exist? If so, find the outputs and prices of crude oil in the two countries.

Diagnosing cases of abuse : Can someone help with a description of at least two personal biases that might prevent a clinician from accurately assessing and diagnosing cases of abuse and explain why?

Calculate break-even point : You are attempting to develop a break-even for a capitation contract with a major HMO. Your hospital has agreed to provide all inpatient hospital services for 10,000 covered lives.

Description of leadership traits : If we can't apply a recognized name, let's makeup a profile and name it! Your thoughts, everyone

Cloud computing like elastic scalability and outsourcing : It also help business to use the best features of cloud computing like, elastic scalability and outsourcing. what are your toughts on the above statement? Do you agree or disagree?

Spending variance for lesinski snow : Lesinski Snow Removal's cost formula for its vehicle operating cost is $1,770 per month plus $483 per snow-day.

Machiavellian personality : Machiavellian personality - Is there really a personality type that can be called Machiavellian

User Account

All Pages