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MRI Center

Sent to General Experts August 01 01:33 AM

what price the MRI Center must charge in order to meet ists desired profit?

Outpatient MRI center has asked you to determing the price to be charged for each MRI scan for the first year of operations. Below is the relevant budget.
Cost                               2,100,000
Volume                           3,650
Medicare Mix                   60%
Private insurance MIx      40%
Medicare payment per    $650
procedure
Private insurance pays    85% of charges
Desired profit                   500,000

 

Customer (name blocked for privacy)
Answer
August 1 11:41 PM (22 hours and 8 minutes and 11 seconds later)
         
REPLIEDCheck Mark
to make money i would charge no less then $700 and no more then $850 per mri
Reply
August 4 9:31 PM (2 days and 21 hours later)
         
Reply to jessica's Post: Why would you charge no less than $700.00 and no more than $850.00, what is the rationale behind your answer.
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