Northeast Medical Group, a family practice has the following financial data and operational metrics: Number of physicians 5 Total revenue $10,000,000 Total operating costs $3,500,000 Total procedures per physician 15,000 Patients per physician 2500 Visits per physician 10,000
(a) What is the group’s revenue per physician?
(b) What is the group’s operating costs per physician?
(c) What is the group’s total operating profit?
(d) What is the group’s profit per physician?
(e) What is the group’s profit per patient?
(f) What is the group’s profit per visit?
(g) What is the group’s profit per procedure?