Chapter 9, Problem 5FPE

Tagaytay Twilight Senior Services is a newly established corporation devoted to providing essential services to seniors who live in their own homes within the Tagaytay City and its neighboring areas. Three services are provided for seniors – home nursing, meals on wheels, and housekeeping. In the home nursing program, nurses visit seniors on a regular basis to check on their general health and perform test ordered by their physicians. The meals on wheels program delivers a hot meal once a day to each senior enrolled in the program. The housekeeping service provides weekly housecleaning and maintenance services. Data on revenue and expenses for 2017 follow:   Total Home Nursing Meals on Wheels House Keeping Revenues .................................... 900,000 260,000 400,000 240,000 Variable expenses........................ 490,000 120,000 210,000 160,000           Fixed expenses: Depreciation ............................ 68,000…

Stephanie was involved in a car accident and rushed to the emergency room. She received stitches for a facial and treatment for a broken finger. Under Stephanie PPO plan, emergency room care at a network hospital is 80 percent covered after the member has met a 300 annual deductible. Assume that Stephanie went to a hospital within her PPO network. Her total emergency room bill was 850. What amount did Stephanie have to pay? What amount did the PPO cover?

Mercy Hospital is located near Springfield, Missouri. A religious organization created the not-for-profit hospital more than 90 years ago to meet the needs of area residents who could not otherwise afford adequate health care. Although the hospital is open to the public, its primary mission has always been to provide medical services for the poor.On December 23, 2017, a gentleman told the hospital’s chief administrative officer the following story: “My mother has been in your hospital since October 30. The doctors just told me that she will soon be well and can go home. I cannot tell you how relieved I am. The doctors, the nurses, and your entire staff have been wonderful. My mother could not have gotten better care. She owes her life to your hospital. “I am from Idaho. Now that my mother is on the road to recovery, I must return immediately to my business. I am in the process of finding a buyer for an enormous tract of land. When this acreage is sold, I will receive $30 million in…