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Assume that a radiologist group practice has the following cost structure Fixed costs $534,949 Variable cost per procedure $23 Charge (revenue) per procedure $98 Furthermore,

Assume that a radiologist group practice has the following cost structure

Fixed costs $534,949

Variable cost per procedure $23

Charge (revenue) per procedure $98

Furthermore, assume that the group expects to perform 7,422 procedures in the coming year. Also assume that the practice contracts with one HMO, and the plan proposes a 20 percent discount from charges. What is its breakeven point?

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