User Account

All Pages

Determining the categories of payers

Assignment Help Finance Basics
Reference no: EM131872313

Assume that a nursing home has two categories of payers. Medicaid pays $60 per day, and private-pay patients pay the established per diem. However, approximately 10 percent of private-pay charges are not collected. Variable costs are $45 per day, and fixed costs are expected to be $1 million. Expected volume is 50,000 patient days. If 50 percent of the patients are Medicaid, and 50 percent are private pay, what rate must be set to generate $150,000 in profit?

Reference no: EM131872313

Questions Cloud

Create job description and specifications for your dream job : Rationalize your compensation and benefits package. Be sure to indicate the research and considerations that went into the design of the compensation.
Net operating profit after taxes : Barnes' Brothers has the following data for the year ending 12/31/12: Net income = $600; Net operating profit after taxes
What is the projected dividend for coming year : The required return on this stock is 10 percent, and the stock currently sells for $86 per share. What is the projected dividend for the coming year?
What is the portfolio beta : X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta?
Determining the categories of payers : Assume that a nursing home has two categories of payers. Medicaid pays $60 per day, and private-pay patients pay the established per diem.
Difference in the present value : The discount rate is 9 percent, compounded monthly. What is the difference in the present value of these two sets of payments?
How to justify the value of risk plan : Justify the value of risk plan considering the time, effort, cost, and resources it took to develop such a plan. If you were the project manager.
What is the firm expected rate of return : What is the firm's expected rate of return?
What are the design features in an aircraft : What are the design features in an aircraft that affect an aircraft's takeoff and landing performance? Research an airplane and describe what features are used.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd