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Patient-day is often used to measure the volume of a

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Reference no: EM13573341

Martin hospital has overall variable cost of 20% of total revenue and fixed costs of $40 million per year.
Requirements:

1.compute the break even point expressed in total revenue.

2.a patient-day is often used to measure the volume of a hospital. suppose there are to be 40,000 patient days next year. compute the average daily revenue per patient day neccessary to break even.

req-1____ / ________ = Break even point in revenue____/_________= _

req-2_____/______= daily revenue per patient___/______=_

Reference no: EM13573341

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