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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Coronado Clinic's directors are budgeting for administrative staff for next year. They need to plan for enough capacity to handle
patients in the clinic's three practice areas: urgent care, general practice, and laboratory. The administrative staff can fluctuate
between areas, but they are primarily assigned to one of these stations. There are 31 staff members total, 26 working full-time and 5
working 30 hours per week. Each staff member works 50 weeks each year.
Last year, total DL cost (including benefits) for all administrative staff amounted to $1.5 million. The administrators expected 80% of
their staff’s available time to be dedicated to the key tasks of their job. The time estimates for the key tasks are as follows.
Urgent care check-in
General practice check-in
Laboratory procedure processing
Minutes
10
5
LO
5
Transcribed Image Text:Coronado Clinic's directors are budgeting for administrative staff for next year. They need to plan for enough capacity to handle patients in the clinic's three practice areas: urgent care, general practice, and laboratory. The administrative staff can fluctuate between areas, but they are primarily assigned to one of these stations. There are 31 staff members total, 26 working full-time and 5 working 30 hours per week. Each staff member works 50 weeks each year. Last year, total DL cost (including benefits) for all administrative staff amounted to $1.5 million. The administrators expected 80% of their staff’s available time to be dedicated to the key tasks of their job. The time estimates for the key tasks are as follows. Urgent care check-in General practice check-in Laboratory procedure processing Minutes 10 5 LO 5
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, 8,000
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
Transcribed Image Text: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, 8,000 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
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