G oblem 10.19 The revenue budget: calculating net revenues. ZMG Hospitalist Practice Step 1. Weighted Medicaid/self-pay encounters by type Jan Feb Mar Medicaid/Self-Pay Admissions 420 392 424 Follow-up 630 590 636 Total 1,050 982 1,060 Note: From Exhibit 1.1e. Step 2. Fee per weighted encounter by type Type of Visit Admissions Follow-up Note: Given. Fee $300 $200 Step 3. Net Medicaid/self-pay revenues Jan Feb Mar Medicaid/Self-Pay Admissions Follow-up Total Discount percentage Discount Net before charity Charity discount Charity discount Net revenues Note: Gross revenues are calculated by multiplying the number of weighted encounters in the statistics budget by the full charge per weighted encounter. Discounts are taken on gross revenues. In addition, as shown in Exhibit 1.2a, Medicaid encounters also receive a charity discount of 1 percent of net revenues before charity discount. Problem 10-18 O Revenue budget: calculating net revenues. Calculate ZMG Hospitalist Practice's January, February, and March Medicare net revenues if the fee for an admission is $300 and the fee for a follow-up encounter is $200 (Exhibits 1.le and 1.2a). Assume that Medicare reimburses at a rate of 60 percent of charges