https://homeofessays.com/wp-content/uploads/2020/06/logoHOE-1-300x60.png 0 0 admin https://homeofessays.com/wp-content/uploads/2020/06/logoHOE-1-300x60.png admin2020-08-01 19:37:582020-08-01 19:37:583. Assume that a primary care physician practice performs only physical examinations. However, there are three levels of examinations I,...
3. Assume that a primary care physician practice performs only physical examinations. However, there are three levels of examinations I, II, III – that vary in depth and complexity. An RVU analysis indicates that a Level I examination requires 10 RVUs , a Level II exam 20 RVUs, and a Level III exam 30 RVUs. The total costs to run the practice, including a diagnostic laboratory, amount to $500,000 annually, and the numbers of examinations administered annually are 2,400 Level I, 800 Level II, and 400 Level III. a. Using the RVU methodology, what is the estimated cost per type of examination? b. If the goal of the practice is to earn a 20% profit margin on each examination, how should the examinations be priced?
Home essays is a professional writing service that provides original papers. Our products include academic papers of varying complexity and other personalized services, along with research materials for assistance purposes only.