Construct chelsea clinic operating budget

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Reference no: EM132642031

Chelsea Clinic projected the following budget information for 2021:

Total FFS Visits Volume 70,000 visits

Payer Mix:

Blue Cross 60%
Highmark 40%

Reimbursement Rates:

Blue Cross $45 per visit
Highmark $50 per visit
Variable Costs

Resource Inputs:

Labor 0.7 total hours
Supplies 1.3 total units

Resource Input Prices:

Labor $22.00 per hour
Supplies $1.25 per unit
Fixed Costs $800,000

Question 1: Construct Chelsea Clinic's operating budget for 2021, including projections for volume, revenues, costs, and a P&L statement

Reference no: EM132642031

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