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All part of the same problem Question 1 of 50 Assume a hospital projects 100 patients next year analyzed in the following manner: 25 Medicare
All part of the same problem
Question 1 of 50 Assume a hospital projects 100 patients next year analyzed in the following manner: 25 Medicare patients (DRG payments are $1,000) 20 Medicaid patients (DRG payments are $950) 15 managed care patients (discount is 20%) 10 managed care patients ($800 per patient per year) 10 commercial patients pay charges 10 charity care patients pay nothing 10 bad debt patients who pay nothing Assuming a charge of $1,500 per patient and a cost of $1,000 per patient, what is the hospital's loss? O A. $15,000 O B. $22,500 O C. $20,000 O D. $67.500 O E. $52,500 What will be the hospital's total explicit price concessions? O A. $66,000 O B. $41,000 O C. $75,000 O D. $35,000 O E. $50,000 What will the hospital's total community benefits for the Texas Charity Care law? O A. $1,000 O B. $23,500 O C. $,33,500 O D. $11,000 O E. $0 What will be the hospital's total bad debt expense for reporting purposes on the statement of operations? O A. bad debt is not reported on the statement of operations. O B. $10,000 O C. $15,000 O D. $5,000 O E. $0Step by Step Solution
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