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:
| 20 | 4 |
| 15 | 10 |
| 10 | 10 |
| 5 | 40 |