The Financial management of Hospitals and Healthcare Organizations by Micheal Nowicki 4 edition Chapter 7-8 Exercise Problem 1: XYZ Sleep Disorder Clinic invests $106,...
The Financial management of Hospitals and Healthcare Organizations by Micheal Nowicki 4 edition
Chapter 7-8
Exercise
Problem 1: XYZ
Sleep Disorder Clinic invests $106, 944 for 5 years to retire a debt.
Assuming the clinic can invest at 7% compounded annually, how much is
the debt XYZ needs to retire? See cash budgeting section of the chapter
for an example.
Problem 2: Using
the hourly rate method of setting charges, calculate the charge per
modality necessary to recover total costs given at Southwest IV Infusion
Clinic:
Total projected cost per of IV Infusions = $600,000
Total projected hours of use per year = 10,000 hours
Modality = 30 minutes
Problem 3: Using
the surcharge method of setting charges, calculate the charge necessary
to cover total costs for 50,000 IV bags given at Southwest IV Infusion
Clinic.
Total projected cost of IV bags and administration = $90,000
Total projected cost of IV bags = $30,000
Problem 4: Southwest
Hospital wants to invest $200,000. What is the FV compounded annually
at 5 percent for eight years? At 5 percent compounded semiannually for
eight years?
bbrigettstokes@yahoo.com
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