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1. Given revenue/volume graphs for a medical practice using a Fee-for-Service reimbursement model and a practice using a capitation reimbursement model, identify the following items
1. Given revenue/volume graphs for a medical practice using a Fee-for-Service reimbursement model and a practice using a capitation reimbursement model, identify the following items on each graph: - Fee-for-Service expense line - Fee-for-Service revenue line - Fee-for-Service breakeven point - Fee-for-Service profit wedge - Fee-for-Service loss wedge - Capitated revenue line - Capitated expense line - Capitated profit wedge - Capitated loss wedge - Capitated breakeven point 2. Explain what is meant by a revenue line and expense line in a Fee-for-Service environment and give examples of each. 3. Explain the meaning of a breakeven point, profit wedge, and loss wedge in the Fee-for-Service graph. 4. Explain what is meant by a revenue line and expense line in a capitated reimbursement environment and give examples of each. 5. Explain the meaning of a breakeven point, profit wedge, and loss wedge in the capitated reimbursement graph. Details: Use Word to organize your answers. Your answers should include a list of items A-J followed by the name associated with each letter of the alphabet. Example (these are not accurate answers): A. Fee-for-Service profit wedge B. Capitated breakeven point For questions 25, us a narrative style to write your answers in your Word document
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