nstructions Due Date: Sunday, 6.19.22 Instructions: In your own words, please wr

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nstructions
Due Date: Sunday, 6.19.22
Instructions: In your own words, please write 5-7 sentences on what you learned and how it will help advance your healthcare career.
Short Essay Rubric – 25 points
This assignment aligns with Module Level Objectives (1, 2, 4).
You can obtain and online copy of the book here: https://www.ipgbook.com/will-it-work-on-my-e-reader–pages-193.php
In this module, you will learn how healthcare providers determine pricing for goods and services and how profit and loss is analyzed.
Module Learning Objectives:
Students completing this module should be able to:
Explain the difference between price setters and price takers. (CLO 5)
Differentiate full-cost pricing from marginal cost pricing. (CLO 5)
Describe how target costing is used. (CLO 5)
Conduct profit analyses to learn the impact of volume changes on profitability and to determine breakeven points. (CLO 5)
Discuss the primary differences in profit analyses between fee-for-service and capitation reimbursement. (CLO 5)
Explain how revenue and cost structures affect a healthcare organization’s risk. (CLO 5)

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