Dr. Smith practices specialty X at General Hospital. His current salary is $450,000. Dr. Smith has teaching
Question:
Dr. Smith practices specialty X at General Hospital. His current salary is $450,000. Dr. Smith has teaching and research duties that account for 40% of his time and the remaining 60% is spent in his clinical practice. At the completion of the year, Dr. Smith generated 5,000 wRVUs. General Hospital has a productivity bonus if a physician exceeds by 20% his or her wRVU target based on their clinical DOE. If a physician exceeds the target, the physician receives his or her level of compensation per wRVU for each wRVU above the target.
What is the threshold wRVU target for Dr Smith's bonus?
How many wRVUs is Dr Smith above or below threshold ?
If Dr Smith is eligible for the bonus, what is the dollar amount that he would receive?
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey