Calculate year 2 net income assuming patient visits increase to 16,500, staff and physician salaries are unchanged, equipment and facility expense decrease by $20,000, and other expenses decreases by $10,000.
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- Use the projected patient visits for Year 2, which is 16,500. - Use the existing reimbursement rate of $68.25 per visit. \[ \text{Revenue for Year 2} = 16,500 \times 68.25 = 1,126,125 \] Show more…
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