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I really need help understanding how you get the numbers. Using the six months of data provided in the Excel data file , simulate the
I really need help understanding how you get the numbers.
Using the six months of data provided in the Excel data file, simulate the profitability of the physician services department if copayments are increased to $20 per visit. Repeat your analysis using a copayment of $25 per visit.
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Exhibit 2 Datafile has been provided in BrightForm - Student Data Spreadsheet" Week Total Costs of Physician Visits ($) # Visits # Employees 1 77,322 401 4,065 2 79,177 423 4,065 3 74,888 404 4,062 4 73,428 407 4,063 5 74,535 404 4,069 6 75,487 432 4,070 7 74,222 430 4,076 8 75,499 452 4,076 9 76,300 457 4,083 10 76,033 459 4,081 11 78,832 446 4,088 12 79,755 481 4,087 13 80,243 484 4,095 14 78,993 484 4,101 15 81,227 491 4,099 16 84,219 496 4,103 17 82,177 500 4,112 18 82,456 450 4,115 19 81,100 469 4,126 20 84,211 498 4,130 21 90,133 495 4,129 22 95,120 500 4,129 23 99,865 520 4,129 24 97,752 505 4,136 25 98,713 517 4,137 Exhibit 3 Sample Means for Annual Use of Health Care Services Copayment Level $10 $15 $20 $25 $30 $35 Physician Visits Per Capita 6.3 6.0 5.7 5.4 5.1 4.8 Exhibit 2 Datafile has been provided in BrightForm - Student Data Spreadsheet" Week Total Costs of Physician Visits ($) # Visits # Employees 1 77,322 401 4,065 2 79,177 423 4,065 3 74,888 404 4,062 4 73,428 407 4,063 5 74,535 404 4,069 6 75,487 432 4,070 7 74,222 430 4,076 8 75,499 452 4,076 9 76,300 457 4,083 10 76,033 459 4,081 11 78,832 446 4,088 12 79,755 481 4,087 13 80,243 484 4,095 14 78,993 484 4,101 15 81,227 491 4,099 16 84,219 496 4,103 17 82,177 500 4,112 18 82,456 450 4,115 19 81,100 469 4,126 20 84,211 498 4,130 21 90,133 495 4,129 22 95,120 500 4,129 23 99,865 520 4,129 24 97,752 505 4,136 25 98,713 517 4,137 Exhibit 3 Sample Means for Annual Use of Health Care Services Copayment Level $10 $15 $20 $25 $30 $35 Physician Visits Per Capita 6.3 6.0 5.7 5.4 5.1 4.8Step by Step Solution
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