Chapter 5: Third-party Payment Cost-Shifting Self-Quiz Problem Assume your organization has 100 patients analyzed in the following manner: o determie Proit 15 Medicare patients, who pay $2,000 per diagnosis 25 Medicaid patients, who pay $1.800 per diagnosis 20 managed care patients, who pay charges minus a 20% discount 10 managed care patients, who pay charges minus a 25% discount 10 private insurance patients, who pay charges 10 charity care patients, who pay nothing 10 bad debt patients, who pay nothing - -2 -2/3 Your organization's average cost per patient is $2.000. Calculate the charge necessary to recover your cost. -500 -18,5 Cost-Cutting Self-Quiz Problem Using the data from the self-quiz problem on cost shifting, assume those who pay charges will allow a maximum charge of $2,100. Calculate the amount of costs you will need to cut to break even. PRACTICE PROBLEMS AND SELF-QUIZZES Profit 2712 2561 1,953