Question
I need your help clarifying this situation. This is a task which has been given to me which involves a consulting firm. The Positions with
I need your help clarifying this situation.
This is a task which has been given to me which involves a consulting firm. The Positions with the lowest hospital cost average of $12872 in cost Curr patient, The highest cost physician averages $24638 the average cross for all positions was $14999. The consulting firm commented that reducing this Variation is important because or hospital is at a full risk for patient utilization. The can sulting firm was to recommend and appropriate allocation of the premium dollars to each category of provider. Specifically The contract calls for or hospital to receive $200 per member per month for a total annual revenue of $200 50000 members multiply 12 months equals a 120 million. To reduce potential conflicts about how to divide the 120 million among providers that Consulting firm proposed a "status quo" Allocation that would maintain the current revenue distribution percentage.
I have no idea where to begin To work this problem out. I need your help.
Thank you
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