What is the amount of Physician B withhold

Assignment Help Financial Accounting
Reference no: EM133094748

Questions -

Q1. Winslow Primary Healthcare agrees to be compensated under capitation. They agree to take 1,000 client office visits per year at $200 per visit. Winslow's fixed cost is $50,000, and its variable cost per office visit is $150. How much profit would Winslow earn if 1,100 clients visit during the year?

Q2. Bainbridge hospital has one non-revenue department (Administration) and two revenue generating departments (Cardiology and Out Patient). The direct costs for each department are as follows: Administration costs are $100,000, Cardiology costs are $150,000, and Outpatient costs are $250,000. Administration costs are allocated 75% to Cardiology and 25% to Outpatient. Use the step-down allocation method to allocate the non-revenue department costs to the two revenue departments. What are the total allocated costs for Outpatient?

Q3. The Citizen Hines HMO uses primary care provider (PCP) contracts that set the PCP capitation rate at $15 per member per month (PMPM). Citizen Hines also contributes $45 PMPM to an institutional inpatient services risk pool and $30 PMPM to a specialist services risk pool. In addition, the contract includes a provision requiring a 20% withhold. If PCP Physician B has an expected $50,000 in annual compensation from Citizen Hines, what is the amount of Physician B's withhold?

Reference no: EM133094748

Questions Cloud

Understanding of the foundational social policy : Demonstrate understanding of the foundational social policy concepts: ‘welfare' and ‘ideology' from weeks one, two and three
Avoiding future litigation in malpractice cases : What best practices can HR institute to be preemptive in avoiding future litigation in malpractice cases?
Knowledge of human resource management policies : Roger has a dilemma. He has stumbled (accidentally of course) while in the company copy room upon the payroll file for all of his co-workers in his office.
Calculate minimum and maximum pay for a grade : Calculate minimum and maximum pay for a grade 3 compensation system knowing that the midpoint for the grade is set at $47,863 and the spread between the minimum
What is the amount of Physician B withhold : If PCP Physician B has an expected $50,000 in annual compensation from Citizen Hines, what is the amount of Physician B's withhold
What should you pay or what is the discount value : Presume you have a bond that will pay $15,000 at the end of 10 years and pays an annual coupon for 4.95%. What should you pay or what is the discount value
Developing a Project Budget : Development of a new Leisure and Community Centre - Prepare Final Report and Presentation to the Client - Developing a Project Budget & Potential Income
Prepare a statement of comprehensive income : Trayer Corporation has income from continuing operations of $272,000 for the year ended December 31, 2020. Prepare a statement of comprehensive income
Strong foundation in Anatomy in Physiology : Discuss the importance of a strong foundation in Anatomy in Physiology in the field of Nursing.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the amount of the allowance for doubtful accounts

Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 31, 202X, balance sheet

  What is the amount and nature of her net capital gains

In 2019, Abby had the following capital gains and losses from the sale of her investments: $1,000 long-term capital gain, What is the amount and nature

  What bad debt expense would be

What Bad debt expense for 2022 would be? On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible.

  What is diversification

Risk/Return Relationship and Cost of Capital,What is "diversification" as it relates to the business environment? How is it useful in the financial environment?

  Using the high-low method to estimate the cost

The Chambers Manufacturing Company recorded overhead costs of $16,468 at an activity level of 5,100 machine hours and $10,017 at 2,400 machine hours. The records also indicated that overhead of $10,078 was incurred at 3,050 machine hours. What is the..

  What is cost of goods sold

What is cost of goods sold when the perpetual inventory system is used as the recording method and no inventory loss nor inventory valuation loss is recognized

  What was the growth rate of total assets

Takoradi Tools had total assets of $20,900 at the end of 2016, $21,800 at the end of 2017, What was the growth rate of total assets

  What is the fixed overhead volume variance

What is the fixed overhead volume variance? H Inc., applies overhead based on direct labour hours. Planned production for the period was set at 8610 units.

  Why is better to use the dcf and economic profit approaches

What is Price Multiples? Why is better to use the DCF and Economic Profit approaches than the Comparable approach to value a firm.

  What would be the increase in the value of the company

The Bellwood Company is financed entirely. According to MM Proposition I with taxes, what would be the increase in the value of the company after the loan?

  Chart of accounts for exact wording of account titles

Journalize the entries to record the January 22, February 14, and August 30 transactions. Refer to the Chart of Accounts for exact wording of account titles.

  What is the journal entry-prepares financial statements

PC Company has a daily payroll of $1,500, five days a week. The employees are paid every Friday for that week's wages. PC Company prepares financial statements for the period ending Wednesday July 31, and the employees were paid $7,500 on Friday Augu..

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