Question: Given the table below, describe how the eight-physician practices differ from smaller practices. Sole Practitioner % of Total 3-Physician Practice % of Total 8-Physician Practice
Given the table below, describe how the eight-physician practices differ from smaller practices.
| Sole Practitioner | % of Total | 3-Physician Practice | % of Total | 8-Physician Practice | % of Total | Average | |
| Salaries | $340,000 | 69.4% | $1,160,000 | 72.7% | $3,500,000 | 75.3% | 74.2% |
Supplies | 45,000 | 9.2% | 150,000 | 9.4% | 420,000 | 9.0% | 9.1% |
| Rent | 75,000 | 15.3% | 210,000 | 13.2% | 490,000 | 10.5% | 11.5% |
| Other | 30,000 | 6.1% | 75,000 | 4.7% | 240,000 | 5.2% | 5.1% |
| Total Expense | $490,000 | 100.0% | $1,595,000 | 100.0% | $4,650,000 | 100.0% | 100.0% |
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