Business math in pharmacy
    
      
        by Nikki
      
      
        
(US)
      
    
    
    
        
            
        
    
    
    
    
        
            
        
    
    
    
        
            
                 
            
        
        Markup= 12% for AWP less than $100
Markup= $5 for AWP $100 or more
Dispensing fee= $6 per prescription
Dispensing fee= $7.50
Compounding fee= $60 per hour
Senior citizen discount= 10%
Dispense the following compounded prescription:
Betamethasone 1% 15g   AWP=$15.40
Bacitracin ung   15g   AWP=  6.10
Aquaphor ung     30g   AWP=  4.50
Compounding time= 10 min
a. What is the selling price?
b. What is the selling price for a senior citizen?
c. What is the gross profit?
d. What is the net profit?
Insurance Company A reimburses AWP-7%+$2.50 per script. How much is the reimbursement for:
Prescription in above Problem ?
Insurance B reimburses AWP-4%+$2 per script. How much is the reimbursement for:
Prescription in above Problem ?