A Local Health Care Facility Has Fixed Costs Per Month

question 1

Multiple Choice

A local health care facility has fixed costs per month of $187 400. They also have patient costs of $4.15 per day per patient for linen and cleaning, medication costs are $23.32 per patient per day and lab tests cost $75.61 per patient per day. The government is considering allowing the health care facility to charge each patient and amount to recover his or her costs and to make a "profit" of $15 000 per month. The health care facility averages 690 patients per month. The VP-Finance for the facility wants you to calculate the daily rate charge per patient. Your answer is:

• A) $462.92
• B) $396.41
• C) $345.73
• D) $284.51
• E) $455.21

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