Ethics practice-doctors mobey-oak and chesterfield

Assignment Help Business Management
Reference no: EM1324381

Doctors Mobey, Oak, and Chesterfield have been in a group practice for several years. Mohey and Oak are family practice physicians, and Chesterfield is a general surgeon. Chesterfield receives many referrals for surgery from his family practice partners. Upon the partnership's original formation , the three doctors agreed to a two-part formula to share income. Every month each doctor receives a salary allowance of 3,000. Additional income is divided according to percent of patient charges the doctors generated for The groups income for the month is 50,000. Chesterfield has expressed dissatisfaction with the income sharing formula and asks that income be split entirely on patient charge percents

1. Compute the income allocation for the current month using the original agreement.
2. Compute the income allocation for the current month using Chesterfield's proposed agreement.
3. Identify the ethical components of the partnership decision for the doctors.

Reference no: EM1324381

Questions Cloud

Target market ethical age limits : Discuss the ethics of allowing advertising in schools. Is there an appropriate age in which advertising could be considered? What other facts would you need to make a decision and how might your decision affect the stakeholders?
Agnosia-development and explanations of disorder : Describe agnosia? Write down the main aspects of visual (apperceptive & associative), auditory and tactile agnosias?
Greatest risk related to information technology : Show where you believe both small and large companies have the greatest risk related to information technology
Explain is it possible to have one body regulating internet : Explain Is it possible to have one body regulating Internet usage the world over and some argue that governance of internet content will have to be executed as per each countries ethical beliefs and value systems
Ethics practice-doctors mobey-oak and chesterfield : Doctors Mobey, Oak, and Chesterfield have been in a group practice for several years. Mohey and Oak are family practice physicians, and Chesterfield is a general surgeon. Compute the income allocation for the current month using the original agreem..
Health care information technology : Health care information technology - information technology act change the world of Medical Information Technology
Description of bottom-up and top-down : Differentiate between bottoms-up and top-down processes in the study of perception?
Employers outlook on skills and leadership : What are some of the essential skills which you think an employer is looking for?
Future of medical information technology : Medical information technology - organization for the future of medical information technology (IT).

Reviews

Write a Review

Business Management Questions & Answers

  What type of instrument is this

On a sheet paper, Elle writes, without her sign, “I acknowledge that I owe Frank $600, payable out of the proceeds of the sale of my car, a 2003 Honda Civic, which I promise to advertise ‘For Sale’ next week.

  Market commonality and resource similarity

Determine what additional steps Apple's competitors are likely to take and how Apple will most likely respond. Explain your rationale.

  Scheduling and network analysis.

Facing problem in scheduling and in network analysis so please provide me solution.

  Analysis of external environments facing dell

Conduct an analysis of the three external environments facing Dell.

  Mortgage interest rate-monthly revenue

You have been hired as the Chief Financial Officer, a newly created position, for a rapidly growing nonprofit organization that sells discounted clothing.

  Halifax insurance company

Halifax Insurance Company has just opened a new office in Newtown, and Barry has been appointed manager of the new group of five claims adjusters at the office.

  Leadership position by developing brand loyalty

Organizations maintain a leadership position by developing brand loyalty, mass distribution; also economies of scale also scope.

  Risk analysis and management

Why are risk analysis and management significant? How are risks typically managed? How can you minimize risk?

  Four elements of motivation-four types of innovation

What are the four elements of the motivation? How would you state the framework for incentives systems design?

  Avon calls on foreign markets

Avon Calls on Foreign Markets

  Market commonality

Explain what is meant by market commonality? By resource similarity? What factors affect the likelihood that a firm will take a competitive action?

  Primary functions of operating system

Compose a message for Simon that briefly summarizes, in your own words, the primary functions of an operating system.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd