Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

InterCare HMO needs a PMPM (per member per month) rate for primary care physician services to prepare a bid for a contract. InterCare estimates that,

image text in transcribed
InterCare HMO needs a PMPM (per member per month) rate for primary care physician services to prepare a bid for a contract. InterCare estimates that, on average, each enrollee will make 2.5 visits per year to a primary care physician, that each physician can produce 3,800 patient visits per year, and that each physician receives $190,000 in annual compensation. Using the budgetary approach, what is the PMPM rate for physician services? O $28.37 O $50.00 O $10.42 O $12.51

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Stocks For The Long Run

Authors: Jeremy Siegel

6th Edition

1264269803, 978-1264269808

More Books

Students also viewed these Finance questions

Question

Describe the basic structure of a union.

Answered: 1 week ago

Question

Discuss laws affecting collective bargaining.

Answered: 1 week ago