Daniels Flynn
05/02/2023 · Primary School
\( \Omega \) Amber Elkins October 16 at 7:59 PM Hello Jakleen, I believe Lucy should consider raising her prices by 150\% to 200\% for enhanced quality care and sustainable profitability. It shouldn't be a set number; rather, it should fall somewhere in between. But you also made an excellent point about the importance of analyzing various factors to establish an accurate conversion factor for the fee schedule. Did you know that the conversion factor for a fee schedule can significantly impact a healthcare practice based on costs, competition, and desired profit margins? Reply
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Consider various factors for pricing strategy.
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