New Equipment business plan EMG. This should be done in excel. Be sure to show your work.

You are the manager of a neurology office and were just notified that a new provider will be joining in January, Dr. Geraci. He specializes in neuropathy and performs a considerable amount of EMGs.

Your office does not currently perform EMGs but there is a demand. Finance has agreed to purchase a new EMG machine for the doctor. Dr. Geraci specifically requested the Clarity EMG Machine, 4 Channel, and provided a quote from the vendor for $65,000.

Dr. Geraci is a full-time provider, and his schedule is built to accommodate 60 patients per week. Dr. Geraci has tracked his prior EMG studies and calculates he performs them on 30% of his patients.

The three most frequently used CPT codes for these procedures are 95905, 95913, and 95886.

This location does not use modifiers (reimbursement has no Modifier 26 or TC attached to it) a. Based on the information above and assuming he has a full schedule Day 1, calculate the weekly

revenue for EMGs based on the information above. Show your work. i. Use the 2022 Medicare fee schedule posted on blackboard to calculate the revenue

associated with the CPT codes. b. How long will it take to pay off the equipment?