A new patient, Stanislaw Wisnewski, sought an initial consultation at your practice for laparoscopic cholecystectomy. He does not have insurance and needs to arrange a payment plan to pay the surgeon's fees, which total $840. The medical billing specialist worked with Stan to ensure that he would be able to pay; your office does not charge interest or finance charges for payment plans. Stan stated that he needed a payment plan/payments that would be less than $60 per month but that he wanted to pay at least $50 per month.
2. Devise a payment plan for Stan.
yes
Payment Plan for Mr.Stanislaw Wisnewski to pay for his
Laproscopic Cholectectomy
Total amount to be paid = $840
Stan willing to pay per month = $50
If Stan pays $50 per month
No of months required to pay the full amount= 840/50 =16.8 =
17(Making it a whole number)
So The Number of months in which stan will finish his payment is =
17 months
The payment plan to complete the payment by Mr.Stan is = 1 year and 4 months
Answer:
Mr.Stanislaw payment plan if he pays $50 per month
he will be able to complete his payment in 1 year 5 months
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