an hree Parts 1, 2 & 3) So Problem 16-49 Partial Operational and Financial Productivity; Medical Practice [LO 16-2] Family Medical Care FM) is a family medical practice with 8 physicians, a nursing staff of 10 to 12 nurses, and an administrative staff that varies from 6 to 9 personnel.Rajot Patel, the chief physician at FMC, is interested in studying the efficiency of the practice as a basis to set some benchmarks for further improvement, for rewarding his staft and for comparing the efficiency of the FMC practice to other family medical practices. He is able to get comparable data for other practices from industry sources so that the data are consistent with the industry sources, Potel has asked Marin & Associates, his accounting firm to develop a set of productivity measures that would satisfy this requirement. Upon investigation, Joseph Marin finds that the measures to be used are the partial financial and operational productivity measures as defined in the chapter. The following Information is for the last 2 years for the FMC practice cel Patient Visit We had Administrative our wed Corp Coat of administration per hour Inday we cal proctivity More Mirtive Current Yen 36.700 22.000 15.125 16.00 41.60 0.025 1.26 PHOE TE 30,100 21.100 35.131 55.00 501.00 9:02 1.110 Required: 1. Compute the partial financial productivity ratios for nursing and administrative support for the current and priory 2. Separate the change in the partiinancial productivity ratio from the prior year to the current year into productivity changes input price changes, and output changes (For all requirements, round your answers to 4 decimal places. Negative values should be indicated by a minus on) Nursing Adrive Anment Tool Frame Lancial partiduanya now party 2 Provy change Ovouchage C Prey 23 Next > 20 etv A le an hree Parts 1, 2 & 3) So Problem 16-49 Partial Operational and Financial Productivity; Medical Practice [LO 16-2] Family Medical Care FM) is a family medical practice with 8 physicians, a nursing staff of 10 to 12 nurses, and an administrative staff that varies from 6 to 9 personnel.Rajot Patel, the chief physician at FMC, is interested in studying the efficiency of the practice as a basis to set some benchmarks for further improvement, for rewarding his staft and for comparing the efficiency of the FMC practice to other family medical practices. He is able to get comparable data for other practices from industry sources so that the data are consistent with the industry sources, Potel has asked Marin & Associates, his accounting firm to develop a set of productivity measures that would satisfy this requirement. Upon investigation, Joseph Marin finds that the measures to be used are the partial financial and operational productivity measures as defined in the chapter. The following Information is for the last 2 years for the FMC practice cel Patient Visit We had Administrative our wed Corp Coat of administration per hour Inday we cal proctivity More Mirtive Current Yen 36.700 22.000 15.125 16.00 41.60 0.025 1.26 PHOE TE 30,100 21.100 35.131 55.00 501.00 9:02 1.110 Required: 1. Compute the partial financial productivity ratios for nursing and administrative support for the current and priory 2. Separate the change in the partiinancial productivity ratio from the prior year to the current year into productivity changes input price changes, and output changes (For all requirements, round your answers to 4 decimal places. Negative values should be indicated by a minus on) Nursing Adrive Anment Tool Frame Lancial partiduanya now party 2 Provy change Ovouchage C Prey 23 Next > 20 etv A le