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Health care finance

Krissy McLain is a physician with her own practice. She has developed contracts with several large employers to perform routine exams, fitness‐for‐duty
exams, and initial screening of on‐the‐job injuries. She provides 300 exams per month, charging $300 per exam. Under these contracts, she estimates her
avoidable fixed cost attributable to the exams is $2,000 per month, and she pays a lab an average of $25 per exam. She has decided she needs to increase
profit, so she is considering raising her fee to $325, even though there may be a 10 percent loss in the number of exams she does per month.
Determine the current and predicted
(a) revenues,
(b) variable costs, and
(c) total contribution margin.
What should she be recommended to do? Why?

Sample Solution

regards to the osmosis of pieces into lumps. Mill operator recognizes pieces and lumps of data, the differentiation being that a piece is comprised of various pieces of data. It is fascinating regards to the osmosis of pieces into lumps. Mill operator recognizes pieces and lumps of data, the differentiation being that a piece is comprised of various pieces of data. It is fascinating to take note of that while there is a limited ability to recall lumps of data, how much pieces in every one of those lumps can change broadly (Miller, 1956). Anyway it’s anything but a straightforward instance of having the memorable option huge pieces right away, somewhat that as each piece turns out to be more natural, it very well may be acclimatized into a lump, which is then recollected itself. Recoding is the interaction by which individual pieces are ‘recoded’ and allocated to lumps. Consequently the ends that can be drawn from Miller’s unique work is that, while there is an acknowledged breaking point to the quantity of pi>

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