Case study response Parameters

On a full-cost basis, how profitable was the dialysis unit last year? Please structure your answer in the form of an income statement. On a full-cost basis, how profitable was the dialysis unit last year? Please structure your answer in the form of an income statement.
On a full-cost basis, Lakeside Hospital’s Renal Dialysis Division was profitable last year with a net income of $106,685. As demonstrated in the income statement below, the dialysis unit’s direct costs totaled $1,050,048, its allocated indirect costs totaled $277,267, resulting in a full cost of $1,327,315. Last year, Lakeside’s Renal Division performed 5,736 treatments, with a reimbursement rate of $250/treatment, resulting in total revenues of $1,434,000. The total revenues subtracted by the full cost of operating the unit equals a net income of $106,685 for last year.
Lakeside Hospital
Prior year P&L – Dialysis Unit
Revenue/ procedure: 1/$250
Number of treatments: 5,736
Total revenues: $1,434,000
Variable costs:
Water: $20,896
Medical supplies: $493,806
Purchased lab services: $24,476
Total variable costs: $539,178
Total contribution margin: $894,822
Fixed costs:
Admin expenses: $71,970
Prof salaries & wages (step-fixed): $438,900
Total fixed costs: $510,870
Allocated indirect costs: $277,267
Net income: $106,685
Total direct costs: $1,050,048
Total indirect costs: $277,267
Full cost: $1,327,315
Please elaborate on these numbers and write an explanation for 200 words.
Provide an example in a healthcare organization context. 100 words
Continued complexity of the healthcare industry 100 words

Last Completed Projects