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Question - Fill in the values for (a) through (m).
Please show all of your calculations/ formulas.
Daisy Medical Center has three payer groups and the Medical Center's fixed costs are $38,800,000.
Daisy Medical Center's Financial Data
Payer
Number of Admissions
Average Revenue per Admission
Revenue by payor
Variable Cost per Admission
Total Variable Costs
Contribution Margin
Medicaid
1,000
$6,000
(a)
$3,000
(b)
(c)
Blue Cross
4,000
$4,500
(d)
$4,000
(e)
(f)
Medicare
8,000
$7,000
(g)
$2,500
(h)
(i)
Total
13,000
(j)
(k)
(l)
(m) - What is the Daisy Medical Center's profit?
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