This topic contains a solution. Click here to go to the answer

Author Question: What is the difference between fixed costs and variable costs?[br][br][b][color=red]Question ... (Read 40 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
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

  • Member
  • Posts: 526
Reply 2 on: Jul 12, 2018
Excellent


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library