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Author Question: What is the difference between fixed costs and variable costs?[br][br][b][color=red]Question ... (Read 39 times)

renzo156

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on: Jul 12, 2018
What is the difference between fixed costs and variable costs?

Question 2

________ is a term that describes the ratio of various types of third-party payers that provide revenue to a health care organization.
 Fill in the blank(s) with correct word


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kiamars2010

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Reply #1 on: Jul 12, 2018
Answer to Question 1

Fixed costs do not change when the volume of services changes; examples are rent and utilities. Variable costs differ in proportion to the services provided; an example is that when the number of visits increases, the costs associated with visits also increase.

Answer to Question 2

Payer mix


renzo156

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Reply 2 on: Jul 12, 2018
Excellent

Bigfoot1984

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Reply 3 on: Yesterday
Wow, this really help

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