Reference no: EM131260975
Next year Holyspirit healthcare organization will serve 100 patients in the following manner
30 Medicare Patients who pay $850/diagnosis
25 Medicaid patients who pay $900 per diagnosis
15 managed care who pay charges minus 20% discount
15 managed care patients who pay $700 per subscriber
5 private insurance patients who pay charges
5 bad debt patients who pay nothing
5 indigent patients who pay nothing
Holyspirit’s cost will be $1,000 per patient
Assume Medicare payments are 70% of charge
A. Calculate the charge necessary to cover ABC’s cost.
B. Calculate the charge necessary if total projected loss assuming charge per patient equals cost per patient.
Depreciation calculation methods-partial year
: Depreciation calculation methods - partial year. High Co. purchased a new machine on July 2, 2013, at a total installed cost of $44,000. The machine has an estimated life of five years and an estimated salvage value of $6,000. Calculate the accumulat..
|
Capitalizing vs expensing
: Capitalizing vs. expensing - effect on ROI and operating income. During the first month of its current fiscal year, Away Co. incurred repair costs of $20,000 on a machine that had five years of remaining depreciable life. The repair cost was inapprop..
|
Prepare balance sheets in order to know financial position
: Companies prepare balance sheets in order to know their financial position at a specific point in time. This enables them (and other users) to make a comparison to their position at previous points in time, and gives them a basis for planning for the..
|
Compute the cash payback period for the new hoist
: Legend Service Center just purchased an automobile hoist for $32,500. The hoist has an 8-year life and an estimated salvage value of $3,470. Installation costs and freight charges were $3,580 and $840, respectively. Compute the cash payback period fo..
|
Calculate the charge necessary to cover abcs cost
: Next year Holyspirit healthcare organization will serve 100 patients in the following manner. 30 Medicare Patients who pay $850/diagnosis. 25 Medicaid patients who pay $900 per diagnosis. Calculate the charge necessary to cover ABC’s cost. Calculate ..
|
Calculate the weighted cost of capital
: Corporations often use different costs of capital for different operating divisions. Using an example, calculate the weighted cost of capital (WACC). What are some potential issues in using varying techniques for cost of capital for different divisio..
|
Defined benefit pension plan
: On January 2, 20X2, East Corp. adopted a defined benefit pension plan. The plan's service cost of $150,000 was fully funded at the end of 20X2. Prior service cost was funded by a contribution of $60,000 in 20X2. Amortization of prior service cost was..
|
What is the inventory carrying cost per case for one month
: What is the FG inventory carrying cost for 1 month? what is the inventory carrying cost per case for 1 month? what is the cost of carrying the entire FG inventory for 1 year?
|
Fixed costs were allocated on basis of actual hour of useage
: Review the section Allocation of Service Department Costs, pages 483-490, especially the example of the use of the computer by the university. Recall that the budget formula was $100,000 fixed cost monthly plus $200 per hour of computer time used. As..
|