Assumptions:Plastic Surgery Practice2 Surgeon, 2 Nurse Practitioner Practice1 Front Desk Staff Member (Check In/Check Out)5 Medical Assistants2 Surgery Schedulers2 Administrative Assistants1 Practice Manager1 Coding/Billing Staff MemberPhysician 1 Patient Collections:Physician 2 Patient Collections:Nurse Practitioner 1 Collections:250,000Nurse Practitioner 2 Collections:150,000Physician 1 Compensation:550,000Practice Manager Compensation:Coding/Billing Staff MemberPhysician and Staff Fringe Benefit RateSupplies Expense:Drug Expense:Rent Expense:Utilities Expense:Physician 2 Compensation:Nurse Practitioner 1 Compensation:150,000Nurse Practitioner 2 Compensation:110,000Front Desk Staff Member Compensation:40,000Medical Assistant Compensation: $35,000, $40,000, $40,000,$45,000, $48,000Surgery Scheduler Compensation: $40,000, $45,000Administrative Assistant Compensation: $35,000, $38,000$70,000Depreciation Expense:Malpractice Expense:$1,200,000$1,500,000$Travel Expense:Equipment Repairs Expense:Other Expense:$$$ 700,000$$$40,00015%$$200,000$500,000$250,000$100,000$ 50,000$ 30,000$100,000$ 25,000$ 25,0001. Should we consider buying this practice and why?2. If we shouldn't' consider buying this practice, whatinterventions could be made that would convince us to buythe practice?

Plastic surgery :It is a medical speciality that focuses on the reconstruction or modification of…

Answered: 1. Should we consider buying this…

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1. Should we consider buying this practice and why? 2. If we shouldn't' consider buying this practice, what interventions could be made that would convince us to buy the practice?