ZuoTi.Pro
Question

You have a choice to hire a doctor that would be able to see 2184 patients...

You have a choice to hire a doctor that would be able to see 2184 patients annually with an annual salary of $180,000 or a Registered Nurse with an annual salary of $67,000 that would be able to see 1561 patients per year. All else equal, would you hire a Registered Nurse or a Doctor?

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

For the doctor, the cost per patient = $180,000/2184 = $82.42

For the registered nurse, the cost per patient = $67,000/1561 = $42.92

So, the cost per patient is lower for the nurse than the doctor. So, I would hire the nurse.

0 0
Add a comment
Know the answer?
Add Answer to:
You have a choice to hire a doctor that would be able to see 2184 patients...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 1. Your health insurance requires a copay of $35 each time you see your doctor. You...

    1. Your health insurance requires a copay of $35 each time you see your doctor. You have already met your $2000 deductible for the year, but you are far below your out-of-pocket maximum payment of $2500 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? 2. You are 65 years old and about to retire. You have $100,000 saved in a retirement account...

  • 1-Your health insurance requires a copay of $45 each time you see your doctor. You have...

    1-Your health insurance requires a copay of $45 each time you see your doctor. You have already met your $750 deductible for the year, but you are far below your out-of-pocket maximum payment of $4500 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? 2-What would it cost an insurance company to replace a family's personal property that originally cost $19000? The replacement...

  • Your health insurance requires a copay of $45 each time you see your doctor. You have...

    Your health insurance requires a copay of $45 each time you see your doctor. You have already met your $1500 deductible for the year, but you are far below your out-of-pocket maximum payment of $5000 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation?

  • Your health insurance requires a copay of $45 each time you see your doctor. You have...

    Your health insurance requires a copay of $45 each time you see your doctor. You have already met your $1750 deductible for the year, but you are far below your out- of-pocket maximum payment of $4000 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? Your Answer:

  • Your health insurance requires a copay of $30 each time you see your doctor. You have...

    Your health insurance requires a copay of $30 each time you see your doctor. You have already met your $1000 deductible for the year, but you are far below your out-of-pocket maximum payment of $3000 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? Your Answer: Answer

  • You have learned a lot during your training to become a Registered Nurse. At this point...

    You have learned a lot during your training to become a Registered Nurse. At this point in your education, where do you see yourself as a nurse? What unit would you like to work in and why? To be able to care for patients, you must be able to care for yourself. What are some practices you plan to implement to help you care for yourself and why?

  • The individual can’t see or hear so they won’t be able to communicate effectively, and when you work in healthcare effec...

    The individual can’t see or hear so they won’t be able to communicate effectively, and when you work in healthcare effective communication is key. Working in the healthcare field, you have to be able to see and hear. Nurses are skilled health care professionals who work directly with patients who are sick. A nurse or a surgical technician who is blind or deaf would not be able to do their job safely and effectively. Apart of nurse job is to...

  • The individual can’t see or hear so they won’t be able to communicate effectively, and when...

    The individual can’t see or hear so they won’t be able to communicate effectively, and when you work in healthcare effective communication is key. Working in the healthcare field, you have to be able to see and hear. Nurses are skilled health care professionals who work directly with patients who are sick. A nurse or a surgical technician who is blind or deaf would not be able to do their job safely and effectively. Apart of nurse job is to...

  • A hospital emergency room (ER) is currently organized so that all patients register through an initial...

    A hospital emergency room (ER) is currently organized so that all patients register through an initial check-in process. At his or her turn, each patient is seen by a doctor and then exits the process, either with a prescription or with admission to the hospital. Currently, 50 people per hour arrive at the ER, 10% of whom are admitted to the hospital. On average, 30 people are waiting to be registered and 40 are registered and waiting to see a...

  • You will be able to see the answers to the multiple choice questions only on Day...

    You will be able to see the answers to the multiple choice questions only on Day 1 (Monday) of Week 8. Don't forget to click "Submit Quiz" when you are finished or your responses will not be saved. Good luck! Question 24 3 pts When a negative expectation of a phenomenon causes it to have an even greater negative effect than it typically would, this is called the: nocebo effect. nortvedt effect. placebo effect. proximity effect. Previous Next

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT