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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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The 2007 Revenues for a Wendover Group Practice Association for four different budgets, in thousands of dollars:
Static Budget Flexible (Enrollment/Utilization) Budget Flexible (Enrollment Budget Actual Results
$425 $200 $180 $300
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a. What does the budget data tell you about the nature of Wendovers patients: Are they capitated or fee-for-service?
b. Calalculate and interperet the following variances:
Â
-Revenue variance
-Volume variance
-Price variance
-Enrollment variance
-Utilization variance
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