Paper WEEK5 NR-533
Describe your approach to this case study. In addition to the numbers given, what do you need to know before you can calculate the break-even analysis?
Perform the calculations needed for the break-even analysis. Show your work, formulas used, and reference the formula.
When calculating the patient visits per day, round to the nearest whole. After you’ve completed the calculations, record your results in the appropriate place in the table.
How many patient visits are expected per day?
What is the contribution margin of each category of patient?
Based on the data and your calculations, what is the expected daily revenue?
How long (in days, months, or years) will it be before the return on investment begins?
How many patient visits will be required to reach the break-even point?
Discuss your analysis. Is the project viable and profitable service?
Does the analysis support moving forward with the business? Cite specific data from you analysis to support your interpretation.