Question

1) A manager wants to calculate the hours per patient day (HPPD) for a one day period. 96 hours were worked on the day shift 12 hour shift. 72 hours were worked on the night shift 12 hour shift. The midnight census was 21 patients. What was the HHPD for the 24 hour period?

a) 7.0 HPPD

b) 9.0 HPPD

c) 5.5 HPPD

d) 8.0 HPPD

2) You are the manager of an outpatient wellness clinic with a total fixed costs of $5,000. Total variable costs per patient are $20 and the total number of patient visits per month is 200. What price should be set in order to break-even? RU = TC/Q

a) $35

b) $25

c) $350

d) $45

3) You are the manager of an outpatient health service program where your reimbursement is set. You perform the necessary calculations and find that your monthly statistics are as follows: total fixed costs are $2,500, revenue per patient is $20, and variable costs are $10. How many patients do you need to service each month in order to break-even? Q = TFC/ (RU-VCU)

a) 200

b) 215

c) 250

d) 150

Answer 1

1) A manager wants to calculate the hours per patient day (HPPD) for a one day period. 96 hours were worked on the day shift 12 hour shift. 72 hours were worked on the night shift 12 hour shift. The midnight census was 21 patients. What was the HHPD for the 24 hour period..

Answer is

Option C , 5.5 HPPD

2) You are the manager of an outpatient wellness clinic with a total fixed costs of $5,000. Total variable costs per patient are $20 and the total number of patient visits per month is 200. What price should be set in order to break-even? RU = TC/Q..

Answer is option B, $25

3) You are the manager of an outpatient health service program where your reimbursement is set. You perform the necessary calculations and find that your monthly statistics are as follows: total fixed costs are $2,500, revenue per patient is $20, and variable costs are $10. How many patients do you need to service each month in order to break-even? Q = TFC/ (RU-VCU)...

Answer is 150