assume that a certain nursing home has two categories of payers. medicaid pays $60.00 per day and private pay patients pay the established per diem, but approximately 20 percent of private-pay charges are not collected. 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 costs are $60.00 per day and fixed costs are expected to be $1,000,000. expected volume is 100,000 patient days.