Question
Total lab expense $851,455.00 Procedure Volume Expense A 4,000 0.10 B 3,500 0.05 C 2,000 0.05 D 4,000 0.15 E 4,500 0.10 F 6,000 0.10
Total lab expense $851,455.00 Procedure Volume Expense A 4,000 0.10 B 3,500 0.05 C 2,000 0.05 D 4,000 0.15 E 4,500 0.10 F 6,000 0.10 G 2,200 0.15 H 1,800 0.15 I 4,000 0.05 J 3,000 0.10 Step 1: Calculate RVUs by dividing labor expense per procedure by the average labor expense Procedure Expense Average Expense RVU A B C D E F G H I J Step 2: Calculate total RVUs by multiplying RVUs per procedure by projected volume Procedure RVU Projected Volume RVU A B C D E F G H I J 0 Step 3: Calculate the cost per RVU by dividing total costs by total RVUs 0 Total Costs Total RVUs Step 4: Calculate the costs per procedure by multiplying the cost per RVU by RVUs per procedure Procedure Cost/RVU RVUs/Procedure Cost per Procedure A B C D E F G H I J
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