a certain nursing home has two

FratBro23
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Mathematics
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Question description

a certain nursing home has two categories of payers. medicaid pays $60.00 per day and private pays the established per diem,but approximately 10 percent of private pay charges are void.if 50 percent of the patients are medicaid and 50 percent are private pay, what rate must be set to generate $150,000 in profit? variable cost are $45.00 per day and fixed are expected and volume is 50,000 patient days

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