Use the following information for questions 30 and 31: Color…

Use the following information for questions 30 and 31: Colorado Clinic has fixed costs of $2 million and an average variable cost of $30 per visit.  Its sole payer, an HMO, proposed a capitated payment of $18 per member per month (PMPM) for each of its 17,500 members.  Past experience indicates the HMO members will average two clinic visits per year.  Assume Colorado Clinic is a tax-exempt, not-for-profit organization. What is Colorado Clinic’s expected profit (loss)?

Use the following information for questions 27 through 29. M…

Use the following information for questions 27 through 29. Midwest Clinic offers one service that has the following annual cost and volume estimates: Variable cost per visit                        $ 50 Annual direct fixed costs          $150,000 Allocation of overhead costs      $30,000 Expected volume                    6,000 visits Assume that Midwest Clinic’s effective tax rate is 25%. What price per visit must be set if Midwest Clinic wants to break-even?

Use the following information for questions 22 through 24. C…

Use the following information for questions 22 through 24. Consider the following data for General Hospital, a tax-exempt organization:    Fixed costs = $18,000,000 Variable cost per inpatient day = $1,800 Revenue per inpatient day = $3,000  What is the contribution margin per inpatient day?

Write a paragraph of at least 100 words. In the paragraph, w…

Write a paragraph of at least 100 words. In the paragraph, write about something that interests you. You could write about one of your hobbies, your favorite book or movie, a sport you enjoy, or something else. I would just like to see how you write. Write formally using correct grammar and mechanics, but you can use 1st and 2nd person. Include details, and do your best work!