Describe the calculation of and use of the average marginal cost per patient at a medical facility.
What will be an ideal response?
The marginal cost per patient is the cost for seeing one additional patient. It is calculated by subtracting the fixed cost of operation per patient from the average cost per patient at the medical facility. The marginal cost per patient is used to estimate profits from adding more patients and for negotiating contracts with healthcare insurers.
You might also like to view...
The ___________________ is the length of time that a medication concentration is sufficient in the blood to produce a therapeutic response
a. Half-life b. Duration of action c. Efficacy d. Affinity
An 85-year-old woman has a hemoglobin of 10.5 g/dL. This is:
a. High for a woman of this age b. Normal for this age regardless of sex (i.e., for both male and female patients) c. A sign of an underlying disease and requires further evaluation d. Most likely a myelophthisic anemia
Pain on the lateral side of the knee is caused by excessive stress or when which muscle is tight and contracted?
A) tensor fasciae latae B) rectus femoris C) piriformis D) iliotibial band
Involuntary grinding of the teeth is referred to as what?
bulimia bruxism abrasion attrition