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Given revenue / volume graphs for a medical practice using a Fee - for - Service reimbursement model and a practice using a capitation reimbursement
Given revenuevolume graphs for a medical practice using a FeeforService reimbursement model and a practice using a capitation reimbursement model, identify the following items on each graph:
FeeforService expense line
FeeforService revenue line
FeeforService breakeven point
FeeforService profit wedge
FeeforService loss wedge
Capitated revenue line
Capitated expense line
Capitated profit wedge
Capitated loss wedge
Capitated breakeven point
reimbursement model graph comparing volume number of visits on xaxis and dollars revenue and cost on yaxis
Explain what is meant by a revenue line and expense line in a FeeforService environment and give examples of each.
Explain the meaning of a breakeven point, profit wedge, and loss wedge in the FeeforService graph.
Explain what is meant by a revenue line and expense line in a capitated reimbursement environment and give examples of each.
Explain the meaning of a breakeven point, profit wedge, and loss wedge in the capitated reimbursement graph.
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