Assumptions:✓ Physician Base Compensation$257,000✔ Physician Fringe Benefits Rate16.28%✓ Continuing Medical Education $ AboveThreshold$400✔ Malpractice Insurance Cost$30,207✓ Veteran's Administration Contract Revenue($69,960)✓ Medical Student Teaching Revenue($2,211)✔Net Patient Revenue Per wRVUper wRVUConsider the assumptions above and answer the followingquestions.$66.881. What should the physicians wRVU benchmark/target besuch that you can be assured that his or her reimbursementwill cover his or her costs before being awarded anyvolume-based incentive dollars?2. If the physician exceeds his or her wRVU benchmark/targetas calculated above, what rate do you think the physicianshould be paid per wRVU earned above thebenchmark/target? Explain, why you chose that payoutrate.

Answered: Assumptions: ✔ Physician Base…

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Assumptions: ✔ Physician Base Compensation $257,000 ✓ Physician Fringe Benefits Rate 16.28% ✓ Continuing Medical Education $ Above Threshold $400 ✔ Malpractice Insurance Cost $30,207 ✓ Veteran's Administration Contract Revenue ($69,960) (Madinal Student Tanahing Rouanu