learn You are the manager for We Back You Up PLC. We Back You Up provides a services creating tailored exercise and stretching plans teatment plans to alleviate the patients' back pain and then supervising patient exercise therapy sessions Patients Neding medical intervention to address their back pain are referred out Tinele 14 Tag You ww in the process of creating your operating budget for the upcoming year. You have compiled the following data for your budget. You expect to perform 1000 back assessments and treatment plans in the rest year Son of the patients are covered by Medicare, 40% are covered by commercial insurance 10% recovered by Medicaid. Medicare pays $100 for the back evaluation Commercial insurance pays $125 and Medicaid Days 160 You expect to perform 3000 exercise session 50% of the exercise sessions we covered by Medicare, 40% are covered by commercial insurance 10% recovered by Medical Medicare pays 550 per exercise session Commercial insurance pays $60 and Medicaid pays $26. We Back You Up's rentis 53.000 per month Utilities are $200 per month The exercisessions are over seen by contract physical therapy technicians who are paid $25 per esto A physical therapist creates all of the treatment plans and supervised the physical therapy technicians The physical therapist is paid $70,000 per year Supplies are $750 per assessment treatment plan created and $2,50 per cercise therapy session What is We Back You Up's Operating Budget for the upcoming year? (14 points). (make sure to provide all detail to support your budget Flash forward the upcoming year that you just created the projected budget for has wready come to a close and you are reviewing WeBlock You Up's books You see that the company actually provided 1200 asteements and care plans and 2000 exerche sessions Your payer breakout was as expected same percentages but Medicare changed their reimbursement we and actually paid 595 for the care plan and 547.50 for the recension Because of supply chain issues, the price of the supplies vied for assessments and developing the treatment plan is $8.00 per ment and the cost of artist was 12.75 for each exercise session. All other assumptions from the projected budget were the same What is We Back You Up's Actual Budget? (10 points) What is We Back You Up Profis variance? (points) this positive or negative (tavorable or untavorable) outcome? (2 points) What is we Back You Upravenue Variance? (6 points) is this a positive or negative (favorable or unfavorable outcome? (2 points What is We Back You Up's Cost Variance? (6 points) is this a positive or negative favorable or unfavorable) outcome? (2 points) learn You are the manager for We Back You Up PLC. We Back You Up provides a services creating tailored exercise and stretching plans teatment plans to alleviate the patients' back pain and then supervising patient exercise therapy sessions Patients Neding medical intervention to address their back pain are referred out Tinele 14 Tag You ww in the process of creating your operating budget for the upcoming year. You have compiled the following data for your budget. You expect to perform 1000 back assessments and treatment plans in the rest year Son of the patients are covered by Medicare, 40% are covered by commercial insurance 10% recovered by Medicaid. Medicare pays $100 for the back evaluation Commercial insurance pays $125 and Medicaid Days 160 You expect to perform 3000 exercise session 50% of the exercise sessions we covered by Medicare, 40% are covered by commercial insurance 10% recovered by Medical Medicare pays 550 per exercise session Commercial insurance pays $60 and Medicaid pays $26. We Back You Up's rentis 53.000 per month Utilities are $200 per month The exercisessions are over seen by contract physical therapy technicians who are paid $25 per esto A physical therapist creates all of the treatment plans and supervised the physical therapy technicians The physical therapist is paid $70,000 per year Supplies are $750 per assessment treatment plan created and $2,50 per cercise therapy session What is We Back You Up's Operating Budget for the upcoming year? (14 points). (make sure to provide all detail to support your budget Flash forward the upcoming year that you just created the projected budget for has wready come to a close and you are reviewing WeBlock You Up's books You see that the company actually provided 1200 asteements and care plans and 2000 exerche sessions Your payer breakout was as expected same percentages but Medicare changed their reimbursement we and actually paid 595 for the care plan and 547.50 for the recension Because of supply chain issues, the price of the supplies vied for assessments and developing the treatment plan is $8.00 per ment and the cost of artist was 12.75 for each exercise session. All other assumptions from the projected budget were the same What is We Back You Up's Actual Budget? (10 points) What is We Back You Up Profis variance? (points) this positive or negative (tavorable or untavorable) outcome? (2 points) What is we Back You Upravenue Variance? (6 points) is this a positive or negative (favorable or unfavorable outcome? (2 points What is We Back You Up's Cost Variance? (6 points) is this a positive or negative favorable or unfavorable) outcome? (2 points)
