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Case Study Peakside Primary Care

271 Words2 Pages

1. As the CEO of Peakside Primary Care the clinic is paying $4,300,000 to provide services for an expected 40,0000 visits. The $4,300,000 covers the employee group. The managers estimate that 17, 650 members of the population will be covered. There is an expected rate of 3 visits per member per year. The expected number of visits is 17,650*3=52,950. The expected revenue from this contract is 52,950. The cost of serving this population is $85.20 per visit. This can generate a profit. 2. Budgeting is a managerial tool. Budgeting provides a mean to plan and communicate. Budgets help communicate these plans. More financial information is provided for managers with feedback from the financial performance of a department. With budgeting

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