| Case Study 2.1 | Case Study 2.2 | Case Study 2.3 |
|---|---|---|
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What is fixed cost?
Cost which are set at a single value
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What is the number of procedures Mark did to make a decision?
12
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What is 19 days?
Average length of stay for patients
|
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What is marginal cost
The cost calculated by adding percentage of fixed costs with variable costs.
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What is 40%
The percent of costs that depend on volume
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What is $200,000
the assumed amount of money added to the centers fixed cost
|
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What is marginal cost
the cost added by producing one additional unit of a product or service.
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What is $71,486
Total Marginal Cost in $$
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What is IPPS?
Inpatient Prospective Payment System abbreviation is
|
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What is the number of phases in a transplant
5 phases
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What is 68%
The outlier payment percentage
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What is patient evaluation?
The first phase of the transplant
|
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Are physicians and hospital cost already set?
Yes
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What is length of stay?
LOS Stands for
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What is 47?
The average age for a transplant
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