Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assume that her average charge is $120 (before Medicare's limiting charge is applied), for which the average Medicare-approved amount is $100. If she decides to
- Assume that her average charge is $120 (before Medicare's limiting charge is applied), for which the average Medicare-approved amount is $100. If she decides to be a non-participating physician, she expects to accept assignment 80% of the time. For the unassigned patients assume that she would set her charges at 110% of the Medicare-approved fee for a nonparticipating physician. Assume that her Medicare patient volume is not reduced if she chooses not to participate nor if she does not accept assignment.
Case Study: What will be Dr. Rose's average reimbursement per visit if she chooses to be a Medicare-participating physician? (This is the total from both Medicare and the patients.)
HOW IS THIS CALCULATED?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started