Let's imagine that the local college asks you as fiscal manager in a large primary care physician's
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Question:
Let's imagine that the local college asks you as fiscal manager in a large primary care physician's office to submit a proposal to conduct pre-employment physicals on all new employees.
Based on what you have learned so far in the course:
- What financial or accounting information do you need to develop your proposal? Provide some hypothetical financial numbers you think you will need, e.g. costs, etc.
Based on what you have learned in your research and readings, let's discuss the following.
- Continuing with the scenario above: What will you charge the college per physical based on costs? Would you need a minimum number of physicals to be cost effective?
- Let's say you are new to offering physicals outside of your regular patient base. Would you consider doing it at cost to gain access to future referral business or access to more local colleges? Why, or why not? Would you use benchmarking to assist in your decisions? Please support your decisions based on your readings (required) and any experiences or external research as if you actually were preparing a proposal to provide this service to the college.
Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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