Reference no: EM132514720
Question - Priya Rahavy, M.D., is a general practitioner whose offices are located in the Lake Forest Professional Building. In the past, Dr. Rahavy has operated her practice with a nurse, a receptionist/secretary, and a part-time bookkeeper. Dr. Rahavy, like many small-town physicians, has billed her patients and their insurance companies from her own office. The part-time bookkeeper, who works 15 hours per week, is employed exclusively for this purpose.
North Avenue Physician's Service Center has offered to take over all of Dr. Rahavy's billings and collections for an annual fee of $24,000. If Dr. Rahavy accepts this offer, she will no longer need the bookkeeper. The bookkeeper's wages and fringe benefits amount to $20 per hour, and the bookkeeper works 50 weeks per year. With all the billings and collections done elsewhere, Dr. Rahavy will have three additional hours available per week to see patients. She sees an average of four patients per hour at an average fee of $30 per visit. Dr. Rahavy's practice is expanding, and new patients often have to wait several weeks for an appointment. She has resisted expanding her office hours or working more than 50 weeks per year. Finally, if Dr. Rahavy signs on with the center, she will no longer need to rent a records storage facility for $200 per month.
Conduct a relevant cost analysis to determine if it is profitable to outsource the bookkeeping.
Calculate the net advantage (disadvantage) of outsourcing the bookkeeping.
Use a negative sign with your answer to indicate a net disadvantage, if applicable.
|
Difference between the time the call
: Police response time to an emergency call is the difference between the time the call is first received by the dispatcher and the time a patrol car radios
|
|
Evaluate mission and vision statements
: Consider your company or one that you know well and evaluate their mission and vision statements. Include the company's mission and vision statements
|
|
How much would sam profit increase
: How much would Sam's profit increase if 10 more dinners were sold. Sam's Chop has budgeted the costs for a month,Sam sells the steak dinners for $10.00 each
|
|
Compare individual and organizational cultural competence
: In your own words, define the following terms; cultural baggage, ethnocentrism, cultural imposition, prejudice, and discrimination. Compare and contrast.
|
|
Calculate the net advantage of outsourcing the bookkeeping
: Conduct a relevant cost analysis to determine if it is profitable to outsource the bookkeeping. Calculate the net advantage of outsourcing the bookkeeping
|
|
Weights and fuel efficiencies
: For the following problem, suppose we have a collection of cars, we measure their weights and fuel efficiencies
|
|
Define how you would develop ideas to present to the group
: You are participating in a quality improvement project in your work setting. Share how you would develop ideas to present to the group based on a Nightingale.
|
|
Calculate the net benefit of purchasing the new machine
: Advantage (disadvantage) of replacement = $(19,000) and Cost of new machine = (55,000). Calculate the net benefit of purchasing the new machine
|
|
BSBMGT516 Facilitate Continuous Improvement Assignment
: BSBMGT516 Facilitate Continuous Improvement Assignment Help and Solution, Australian Centre of Further Education - Assessment Writing Service
|