The clinic recognized that not all patient needs fit into the standard transaction times. If the patient was new to the clinic, it added 10 minutes to general practice check-in time; if the patient had a new address or different insurance than on the last visit, it added 5 minutes to the general practice check-in time. Last year, the following transaction quantities were completed: 80,000 urgent care check-ins, 117,000 general practice check-ins, and 34,000 lab procedures processed. Of the general practice check-ins, 8,00 were new patient check-ins, and 10,000 were patient check-ins with changed address or insurance. Calculate the total time needed and total assigned cost for this administrative work. Total time needed. Total assigned cost $ 1775000 745793.2 minutes
The clinic recognized that not all patient needs fit into the standard transaction times. If the patient was new to the clinic, it added 10 minutes to general practice check-in time; if the patient had a new address or different insurance than on the last visit, it added 5 minutes to the general practice check-in time. Last year, the following transaction quantities were completed: 80,000 urgent care check-ins, 117,000 general practice check-ins, and 34,000 lab procedures processed. Of the general practice check-ins, 8,00 were new patient check-ins, and 10,000 were patient check-ins with changed address or insurance. Calculate the total time needed and total assigned cost for this administrative work. Total time needed. Total assigned cost $ 1775000 745793.2 minutes
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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