Revenue of the clinical practice

    Revenue of the clinical practice       Description: As revenue generators, NPs must be aware of how their work contributes to the overall revenue of the clinical practice- You see 20 patients per day on average, and take call every third weekend- According to Buppert (2011), an NP who sees 15 patients per day at $56 per patient visit, on average, brings in $840 per day- Allowing 1 week off for continuing education, 1 week off for illness, and 4 weeks off for vacation, this NP will bring in $193,200 a year, potentially- However, not all bills are paid- With a 9096 collection rate-a reasonable collection rate for an efficient practice-this NP actually will bring in $173,800 peryear- An NP who sees 24 patients per day will bring in $1344 per day, or $309,120 per year in accounts receivable- With a 9096 collection rate, this NP will bring $278,208 to the practice (Buppert, 2011)- Discussion Question: In this scenario, what are you “worth” to the practice? Use logical reasoning and provide evidence based rationales for you decisions- Keep in mind that you negotiation terms and conditions must be within the legal scope of practice for an MP.