Question

if a nurse practitioner is earning $150,000 salary with practice overhead costs of 35% and physician consultation costs of 15% how much revenue is the np generating for the practice

Answer 1

The salary of a nurse practitioner is $150,000.

She spends overhead costs of 35% and physician consultation costs of 15%.

Total expenditure is 50%

I.e

150,000 = 100 x 50 = 75,000

A nurse practitioner totals spending 75,000 in expences.

150,000-75.000 = 75,000

So, she is generating a total 75,000 of revenue.