Assignment
1. Explain the differences between fixed costs and variable costs.
2. What is cost-volume-profit (CVP) analysis? And Why is it so useful to health services managers?
3. What are the critical differences in profit analysis when it is conducted in a capitated environment versus a fee-for-service environment?
4. To get a better handle on cost behavior, what are some specific examples of variable, fixed, and mixed (semi-fixed) costs in our own personal lives.
5. Operating leverage can be risky. When does an organization benefit from having a high degree of operating leverage? When does it lose from having a high degree of operating leverage?
6. Between, Fee-for-service, Capitation, and salary.The current trend is toward Capitation.Will this improve quality or profit more?
7. If you are a healthcare administrator, as the affordable Healthcare Actis implemented, would you prefer a relatively high level of fixed costs or a relatively low level of fixed costs.
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.