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The physicians at a private orthopedic practice are seeking to estimate the revenue they can expect to receive next period. Data regarding arthroscopic ACL reconstructive

The physicians at a private orthopedic practice are seeking to estimate the revenue they can expect to receive next period. Data regarding arthroscopic ACL reconstructive surgeries performed by physicians during November are provided below. Number of procedures performed 100 Gross charge per procedure $15,000 Insurance status of patients Number of procedures Reimbursement rate (use this column for your calculation in Excel if you will, NOT GRADED) Medicare 20 50% Medicaid 40 40% Private insurance 30 70% Self-pay 10 100% The physicians have requested a fore

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