Assume Casio hospital has three payer groups and the hospitals fixed costs are $38,500,000. Memorial Hospital's Financial Data Average Revenue per Admission Payer Number of Admissions Commerical 1,000 MetCare 4,000 $6,000 $4,500 Revenue by payor (a) (d) Variable Cost Total per Admission Costs $3,000 $4,000 Variable (b) (e) Contribution Margin (c) (f)

Assume Casio hospital has three payer groups and the hospitals fixed costs are $38,500,000. Memorial Hospital's Financial Data Average Revenue per Admission Payer Number of Admissions Commerical 1,000 MetCare 4,000 $6,000 $4,500 Revenue by payor (a) (d) Variable Cost Total per Admission Costs $3,000 $4,000 Variable (b) (e) Contribution Margin (c) (f)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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