Question
Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows: 25
Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:
25 Medicare cases pay $2,500 per case
30 Blue Cross cases pay $2,700 per case
20 commercial cases pay 100% of charges
10 Medicaid cases pay $1,500 per case
10 self-pay cases pay 100% of charges
5 charity cases pay nothing
Average cost per case is expected to be $2,700, and the average charge per case is $2,500.
Your balance sheet / Excel spreadsheet (showing all calculations) should include:
- Total gross patient revenue
- Deductions from gross patient revenue
- Total deductions
- Net patient revenue
- Total expenses
- Excess of revenues over expenses
Please show work in excel!
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