How many more visits will the company generate if it accepts Medicare patients? The first task is: Source of Revenue: An Increase in the Medicare Patient Population
How many more visits will the company generate if it accepts Medicare patients?
The first task is: Source of Revenue: An Increase in the Medicare Patient Population
The president of Gentiva Health Services is considering increasing her number of Medicare patients served next year. However, to do so she must begin to use RNs for client visits, which Medicare reimburses at $45 per visit. An RN costs $35 per hour versus the current cost of $15 for an LPN or nurse’s aide. The president believes she can increase her patient visits by 15% by accepting Medicare patients. She is also aware that if she increases her Medicare patients, the company’s administrative costs will increase by approximately $10,000 per year because of the claims file complexity.
Having Trouble Meeting Your Deadline?
Get your assignment on How many more visits will the company generate if it accepts Medicare patients? The first task is: Source of Revenue: An Increase in the Medicare Patient Population completed on time. avoid delay and – ORDER NOW
Use the following websites to gather data:
10K Annual Report
10Q Quarterly Report
Use the following volumes for your calculations:
Volume for the year:
Flexible budget: 6,000 visits
Static budget: 5,945 visits
Actual budget: 5,889 visits
Prepare a two-page report that addresses the following:
How many more visits will the company generate if it accepts Medicare patients?
What would be the estimated profit or loss associated with the Medicare service line?
Would you recommend that Gentiva Health Services increase its number of Medicare patients served? Why or why not?
The second task is: Business Plan
Review the quarterly report and develop a business plan for the organization for its upcoming financial year. Be sure to include the following in your organized business plan:
Organization segment
Marketing segment
Financial segment
Projected cash flow statement
Projected income statement
Projected balance sheet
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.