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Need an answer within 20 min.You have been asked to establish a pricing structure for radiology

Need an answer within 20 min.You have been asked to establish a pricing structure for radiology on a

per-procedure basis. Present budgetary data is presented below:
Budgeted Procedures 10,000
Budgeted Cost$400,000
Desired Profit $80,000
It is estimated that Medicare patients comprise 40 percent of total radiology volume and will pay on average $38.00 per procedure. Approximately 10 percent of the patients are cost payers. The remaining charge payers are summarized below:


204
1510
1010
540
 
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