Your hospitals board of trustees has just determined that the maximum revenue increase it will permit next
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Your hospital’s board of trustees has just determined that the maximum revenue increase it will permit next year is 5%. It also has specified maximum and minimum rate increases by department. Data for the hospital’s five departments are depicted in TABLE 14-11. Given the previous information, develop a rate change plan that will maximize the hospital’s net income yet still adhere to the board’s guidelines.
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Related Book For
Essentials Of Health Care Finance
ISBN: 9781284094633
8th Edition
Authors: William O. Cleverley, James O. Cleverley
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