1. DRAFT Year 1 Year 2 Year 3
Gross Revenue@Payor $ $1,075,567 $1,152,639 $1,335,162
MRI Revenue
Bad Debt $53,778 $57,632 $66,758
Total Net Revenue Includes $806,789 $865,007 $1,001,404
20% reduction in volume
Operating Expenses
Direct Salaries Expense $150,913 $155,440 $160,103
Payroll Taxes $11,507 $11,852 $12,208
Radiologist Expense $154,480 $183,260 $238,238
Equipment Depreciation $68,000 $68,000 $68,000
Personal Property Tax Expense $8,500 $8,500 $8,500
Leasehold Amortization $42,500 $44,625 $46,856
Training Costs $8,706 $- $-
Occupancy Related Costs $54,000 $56,700 $59,535
Office Related Costs $9,125 $9,581 $10,060
Clinical Related Costs $13,622 $14,809 $17,077
MRI Maintaince Fee Expense $- $10,000 $10,000
Total Operating Expenses $521,353 $562,768 $630,578
Gross Income $285,435 $302,239 $370,826
Percent 35.38% 34.94% 37.03%
2. Salaries Increase 3% per Year
Occupancy & Office Cost Increase 5% per year
3. Staffing Salary Benefits Total Cost
MRI tech $66,650 125% $83,312.50
MRI Asst $29,120.00 125% $36,400.00
Front office $24,960 125% $31,200.00
Total $150,912.50
Payroll taxes and benefits 7.6250% $11,507.08
Flat Rate per study 1 2 3
Reading by Radioloigist $80.00 $154,480 $183,260 $238,238
Equipment depreciation per year
1.5 Magnet - refurbished $340,000 $68,000.00
Personal property Tax 2.50% $8,500.00
Sq Feet Cost per Sq Ft Total
Space programming 2500 $85.00 $212,500.00
Ammortization of Leasehold Improvements Total
$42,500.00
Hours Cost of Training
Training Costs 120 $8,706.49
Occupancy Costs
Sq Feet Rate Total Cost
Lease of Building 1,500 $23.00 $34,500.00
Sq Ft Rate
Utilities 1,500 $5.00 $7,500.00
Insurance $2,400.00
Janitorial $6,000.00
Repairs - Maintaince $3,600.00
Total Occupancy $54,000.00
Office Related Costs
Supplies Administrative $2,500.00
Copier / Fax and Supplies $975.00
Prinitng Forms $2,000.00
Telephone / Data Conectivity $2,400.00
Postage $750.00
4. Computer $500.00
Total Office Related Expense $9,125.00
Clincal Related Expenses 1 2 3
Technecial Supplies $3,500.00 $3,500.00 $3,500.00
Laundry and Linen $3,750.00 $3,750.00 $3,750.00
Transcription and Dictation Volume $0.00
$3.30 $6,372.30 $7,559.48 $9,827.32
Total Clinical Related Expenses $13,622.30 $14,809.48 $17,077.32
Year 1 Year 2 Year 3
MRI Maintaince Fees 0 $10,000.00 $10,000.00