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Calculate the Net Revenue per Patient using the following information:
Total number of patients: 16,245
Total Expenses: $568.758
Fixed Expenses: $389,600
Total annual revenue: $1,090,800


Sagot :

The total Net Revenue per Patient is $32.14

Total Patient Expenses

= Total Expenses - minus Fixed Expenses

= $568,758 - $389,600

= $179,158

Total Annual Revenue = Total Receipts

= $1,090,800

Gross Revenue per Patient

= Total Annual Revenue  divided by Total number of Patients

= $ 1,090,800 / 16,245

= $67.15

Total Cost per Patient

= Total Expenses  divided by Total number of Patients

= $568, 758 / 16,245

= $35.01

Net Revenue per Patient

= Gross Revenue per Patient minus Total Cost per Patient

= 67.15 - 35.01

= $32.14

Hence, the total Net Revenue per Patient is $32.14

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