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Assume a hospital admits 1,320 patients per month, the average length of stay is 45 days, the average price per admission is $9,400, and the

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Assume a hospital admits 1,320 patients per month, the average length of stay is 45 days, the average price per admission is $9,400, and the average total cost per admission is $3,000. Aj calculate the profit and profit margin hospital will earn if 100% of patients are reimbursed under each of the following reimbursement systems using th format below. B) Calculate the composite profit the hospital will earn based on the given patient for payer) mi Reimbursement Payer mix A. 75% of charges 15% B. Cost 5% C. Per Diem $750 per day 10% D. Per case (DRG), $3,250 per admission 50% E. Capitation, $198 PMPM, 14,000 members 15% 5% F. No pay Gross revenue Contractual discount Net revenue Total expense Profit Profit margin

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