Refer to Carroll Clinic\'s 2011 operating budget contained in Exhibit 8.3, Inste

Question

Refer to Carroll Clinic's 2011 operating budget contained in Exhibit 8.3, Instead of the actual results reported in Exhibit 8.4, assume the results reported below: Carroll Clinic: New 2011 Results Volume: A. FFS 34,000 visits B. Capitated lives 30,000 members Number of member-months Actual utilization per member-month 0.12 Number of visits 43,200 visits C. Total actual visits 77,200 visits II. Revenues: A.FFS $28 per visit X 34,000 actual visits $ 952,000 B. Capitated lives $ 2.75 PMPM X 360,000 actual member-months $ 990,000 C.Total actual revenues $1,942,000 III. Costs: A. Variable Costs: Labor $1,242,000 (46,000 hours at $27/hour) Supplies 126,000 (90,000 units at $1.40/unit) Total variable costs $ 17.72 ($1,368,000 / 77,200) B. Fixed Costs Overhead, plant, and equipment $525,000 C. Total actual costs $1,893,000 IV. Profit & Loss Statement: Revenues: FFS $952,000 Capitated $990,000 Total $1,942,000 Costs: Variable: FFS $602,487 Capitated 765,513 Total $1,368,000 Contribution Margin $574,000 Fixed Costs 525,000 Actual profit $49,000 a. Construct Carroll

Explanation / Answer

what is 8.3 and 8.4. plz give details

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