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1. Lower Eastside Medical Group a multi-specialty group practice has the following financial data in operational metrics:

Number of Physicians 7

Total Revenue $2,955,480

Total Operating Costs $1,966,785

Total Procedures per physicians 14,212

Patient per physicians 2,1222

Visits per physicians 6,333

1. What is the group's revenue per physician?

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2. What is the group's operating cost per physicians?

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3. What is the group's total operating profit?

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4. What is the groups profit per physician? per patient? per visit? per procedure?

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5. Assume the group plans to invest $60,000 of his profits in the practice by buying a new EKG (electrocardiogram) machine. Also assume that the remainder of the profits will be distributed equally to the group's physicians as salary what compensation will each physician receive?

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