XYZ Healthcare Center receives reimbursement from C.H.E.A.T.E.M. insurance company. XYZ receives P20 per physical therapy session. Each session lasts 15 minutes. Because of a shortage of physical therapists, XYZ often finds it necessary to use a temporary service to provide therapists. Assume collections and other variable cost amount to P3 per visit and all other facility costs are fixed. What is the most (per hour) XYZ should pay for physical therapist ?

XYZ Healthcare Center receives reimbursement from C.H.E.A.T.E.M. insurance company. XYZ receives P20 per physical therapy session. Each session lasts 15 minutes. Because of a shortage of physical therapists, XYZ often finds it necessary to use a temporary service to provide therapists. Assume collections and other variable cost amount to P3 per visit and all other facility costs are fixed. What is the most (per hour) XYZ should pay for physical therapist ?

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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