List and explain fixed costs that the lab will have

Assignment Help Operation Management
Reference no: EM132147726

Discussion

Do you think a provider's incentives differ when the provider moves from a fee-for-service to a capitated environment? Why, or why not?

Power Point

You have been hired as the manager for a new clinical lab company in the Atlanta metropolitan area. The lab is a nonprofit that serves low-income patients in the downtown area.

The lab is in the process of setting its fees-for-services on individual services. The clinic director has estimated fixed costs of $436,000, a volume of 18,500 tests, and variable cost rate of $19.

She has asked you to prepare a PowerPoint presentation for the lab's board of directors, explaining variable and fixed costs for healthcare services in the lab.

Prepare a 7 to 10 slide PowerPoint that explains the following items.

Figure the price breakeven for the clinic.

List and explain fixed costs that the lab will have.

List and explain variable costs per visit that the lab will encounter.

The board will need to be aware that pricing may change if estimated costs are not accurate. If fixed costs end up being $397,500, how will the price breakeven change?

Explain how these pricing or volume changes may affect the lab.

Use your imagination or do whatever research is necessary to come up with some of the fixed and variable costs to present to the board.

Feel free to use any graphics or images in your project that you feel would enhance the presentation. You are required to use the Notes section of PowerPoint to explain information on the slides to the board.

You are required to use at least your textbook for the assignment.

Be sure to cite any sources used and include a reference slide with proper APA formatting.

Reference no: EM132147726

Questions Cloud

Who sets the norm for ethical conduct : Who sets the norm for ethical conduct? Can conduct that has been criminalized by a sovereign's legislative body still be ethical?
Monitoring quality in health care organizations : Which you describe three organizations responsible for monitoring quality in health care organizations.
How the trends discussed in the building an inclusive work : Discuss with your colleagues how the trends discussed in the Building an Inclusive Workforce as well as in other sources you have come.
Analyze how the issue occurred : The Fair Labor Standards Act (FLSA) is one of the complex laws governing employment relationships. The FLSA determines how employees are paid.
List and explain fixed costs that the lab will have : Do you think a provider's incentives differ when the provider moves from a fee-for-service to a capitated environment? Why, or why not?
Describe the organizational climate of the organization : Describe a time when you have worked on a high-performing team, and describe the organizational climate of the organization in which the team operated.
Research Essay - Human Development Simulation : Research Essay - Human Development Simulation. There has been much debate about the placement of very young children in day care or early learning centres
Determine a market domain : MBA 515 : Determine a market domain, which is are customer needs that aren't being met...anyone have any suggestions/help I am really struggling with this.
Insurance policies would have covered such risk for tom : Jim subsequently sues Tom for this. Which of the following insurance policies would have covered such a risk for Tom?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

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