Question
In making a bid, Choose-Us HMO must estimate the PMPM for emergency room visits. For 2,000 members, it estimates that total visits will equal 450
In making a bid, Choose-Us HMO must estimate the PMPM for emergency room visits. For 2,000 members, it estimates that total visits will equal 450 per year.
If the fee-for-service rate for emergency room visits is $195, what is the appropriate PMPM?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
No of members 2000 No of member Months 200012 12 months in a year 24000 Tot...
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
Managerial Accounting
Authors: James Jiambalvo
4th edition
9780470546888, 9780470333341, 470546883, 470333340, 978-0470578797
