Economics Homework Help

Questions

1.Explain how charge, cost, per case, per diem, and capitation reimbursement affect a hospital’s ability to control revenue?

2.The master budget predicts expenses exceed revenues. What action can be  taken to improve net income? What are the three variables in the  breakeven formula? And what is the purpose of breakeven analysis?

3.Explain the steps in constructing an incremental budget and why one  should be employed. Explain the strengths and weaknesses of an  incremental budget and how a manager can unnecessarily increase or pad  his or her budget.