Reference no: EM13786884
1. Your company has $ 45.0 million in accounts receivable, collectible 90 days from registration as net income. If this figure is reduced to 50 days, in which amount the company revenues would increase if the money from the increase 7.5% annually invested for a period of twelve months?
Use the following information to answer questions 2, 3 and 4:
He has been asked to establish a pricing structure for radiology according to each procedure. The current budget data presented below:
Number of budgeted Procedures: 10,000
Budgeted Cost: $ 400,000
Desired benefit: $ 80,000
It is estimated that Medicare patients account for 40% of total users radiology patients, who pay on average $ 38.00 per procedure. Approximately 10% of patients pay the full cost. The remaining 50% of patients pay the charge as summarized below:
Volumen Payer % Discount%
Cruz Azul 20 4
Unit 15 10
Kaiser 10 10
Auto-Pay 5 40
Total 50%
Your supervisor recommends the following method to set the fee for the procedure to generate the required benefits of $ 80,000:
2. If the expected volume increases to 12,000 procedures and budgeted costs increase to $ 440,000 while all other variables remain constant, what price should be set?
3. Suppose that the only change in the original data from the example of Blue Cross is to increase to 20% discount. What price should be set?