Ppo of millbridge township

Assignment Help Marketing Management
Reference no: EM1320694

PPO of Millbridge Township (PPOMT) sells health benefit plans to local employers. The organization charges its clients (local employers) $50 for each office visit provided to a covered employee. PPOMT contracts with individual physicians to provide the office visits to its health plan beneficiaries. The organization pays its contracted physicians a fee of $40 for each new patient visit and $30 for each follow-up visit. 20% of all office visits are new patient visits. PPOMT maintains an office building where all routine office visits are conducted. The organization pays $6000 in occupancy expenses each month for the building. PPOMT also insures monthly staffing costs of $12,000 for maintenance and administrative staff at its facility.

1. How many office visits must PPOMT deliver to break even?

2. Assuming that PPOMT's facility is open 21 days in a typical month, how much profit will it earn if each of its five contracted physicians sees an average of 12 patients each day?

Reference no: EM1320694

Questions Cloud

Significance level to test claim-randomly selected workers : Identify the indicated values or interpret the given display. In a survey of 703 randomly selected workers,
Straight-line depreciation method calculations : Describe how to carry out the Straight-line Depreciation Method calculations and understand the meaning of elements within the Straight-line formula.
Finding meaning of coefficient of determination : Find out the coefficient of determination, r 2 , and interpret its meaning.
Role of antennas in transmitting radio waves : Explain the role of antennas in transmitting the radio waves. What kinds of antenna are typically used in the wireless LAN?
Ppo of millbridge township : PPO of Millbridge Township (PPOMT) sells health benefit plans to local employers. The organization charges its clients (local employers) $50 for each office visit provided to a covered employee.
Program to display temperature in table : Write down a C program that accepts three numbers input by the user, and outputs a table of the temperatures in Celsius, Fahrenheit, and Kelvin.
Problems on linear regression equation : Problems on linear regression equation
Westside management : Suppose that Westside's management in Problem 4 likes the operational efficiency of ordering once each month and in quantities of 1000 units.
Relationship between work and stress using hypothesis test : Carry out the suitable hypothesis test, at alpha = .05, to find out whether there is a relationship between school/work and stress.

Reviews

Write a Review

Marketing Management Questions & Answers

  Customer lifetime value analysis on the segments

Hubspot: Inbound Marketing and Web 2.0

  What is customer relationship management system

What is Customer Relationship management System (CRM)? How does such system add value to an organisation and to its consumers How does a Database Management System assist a business to improve centralisation, eliminate redundancy, and maintain re..

  Disconfirmation model to evaluate satisfaction level

Disconfirmation model to evaluate a consumer's post hoc satisfaction a consumer who is your friend, your colleague or a member of your family.

  Define relationship marketing and describe why

Relationship marketing focuses primarily on the development of relationships between the organisation and the customer. Define Relationship Marketing and describe why it may be of particular importance to service marketers

  Investigation on the jit and eoq models

Complete investigation on the JIT and EOQ models.

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Importance of financial weaknesses

International financial contagion in currency crises

  Provide a brief description of differentiated marketing

Provide a brief description of differentiated marketing. Briefly outline the objectives of the task you have been hired to perform, providing definitions of the marketing concepts used.

  Marketing research project

Project that required to plan and strategize effectively. If you use your time efficiently. You are to create a report that analyzes marketing research conducted by you for any company.

  Explain how quality can be managed

Explain how quality can be managed

  Awareness of own emotions

This assignment is a two-part exercise designed to increase the student's awareness of their own emotions, the emotions of others and the effects emotions have on our ability to communicate effectively.

  Flexible exchange rate system

Why can't all the balance of payments accounts be in surplus? What factors determine the demand for British pounds in foreign exchange markets? How are exchange rates determined under a flexible exchange rate system?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd