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HELP PLEASE Doctors Mobey, Oak, and Chesterfield have been in a group practice for several years. Mobey and ()are family praci!ce phy:!( ians, and Chester
HELP PLEASE
Doctors Mobey, Oak, and Chesterfield have been in a group practice for several years. Mobey and ()are family praci!ce phy:!( ians, and Chester ie d s a general surgeon.Chesterfield receives many referrals for surgery from his family practice partners. Upon the partnership's original formation, the three doctors agreed to a two-part formula to share income. Every month each doctor receives a salary allowance of $3,000. Additional income is divided according to a percent of patient charges the doctors generate for the month. In the current month, Mobey generated 10% of the billings, Oak 30%, and Chesterfield 60%. The group's income for this month is $50,000. Chesterfield has expressed dissatisfaction with the income-sharing formula and asks that income be split entirely on patient charge percents. Be sure to include the following in your original response which should be at least three paragraphs with at least three sentences each: 1. Compute the income allocation for the current month using the 2. Compute the income allocation for the current month using 3. Identify the ethical components of this partnership decision for original agreement. Chesterfield's proposed agreement. the doctors
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