Question
Community Hospital is a 455 bed hospital.You are starting to look at your sources of revenue for the next year. For purposes of this assignment,
Community Hospital is a 455 bed hospital.You are starting to look at your sources of revenue for the next year.
For purposes of this assignment, you will be looking at the reimbursement you will receive from Medicare and from Commercial Insurers.This assignment is just looking at a snapshot of the revenue that an institution would receive.
Keep in mind that if you miscalculate in one area, it will affect all other answers, so make sure to double and triple check your input and calculations.
Medicare Reimbursement
Assume your hospital's rate is $6452.This includes provisions for the wage index and labor and non-labor rate.Your top 5 MS-DRGs along with the anticipated number of discharges for 2020 are listed below.You will need to look up the MS-DRG weight for these DRGs on the CMS listing.Calculate the projected reimbursement you are scheduled to receive from Medicare.Enter your work in the table below. (10)
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