The Akron Clinic is looking to expand a services in the community which will cost $120,000 a year. They expect 1,000 pat

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The Akron Clinic is looking to expand a services in the
community which will cost $120,000 a year. They expect 1,000
patients a year with 60% of those being Medicare with a payment of
$100 per procedure. Medicaid pays $60, and they expect 150 Medicaid
patients. They expect 200 will be UHC insured patients with a
payment rate of 70% of charges. The remaining patients are
uninsured and the Clinic expects to collect only 25% of
charges.
What list Price should the
clinic set to generate an annual pre tax profit of
$10,000?