The hospital is facing pressure from public-interest groups, Financial Management

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The hospital is facing pressure from public-interest groups

The hospital is facing pressure from public-interest groups to control the prices it charges to the uninsured. Assume that the hospital is able through various efficiencies to cut its per-visit cost by 5%. It also negotiates a 7% increase with managed-care plan #1. Assuming all other factors are unchanged, what is the new required price?

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Financial Management: The hospital is facing pressure from public-interest groups

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Financial Management: The hospital is facing pressure from public-interest groups

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