Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

*** please show all work so i am able to get the needed credit**** Determine the amount of net operating income that would result for

*** please show all work so i am able to get the needed credit****

Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:

30 Medicare cases

pay $2,000 per case

30 Blue Cross Blue Shield cases

pay $2,200 per case

20 commercial cases

pay 100 percent of charges

10 Medicaid cases

pay average cost

8 self-pay cases

pay 100 percent of charges

2 charity cases

pay nothing

Average cost per case is expected to be $2,200, and the average charge per case is $2,500

>>>>Calculate Gross patient revenue and deductions from gross patient revenue1

>>>>you should have four categories:

Gross patient revenue

Deductions from gross patient revenue

Net patient revenue

Total expenses

Excess of revenues over expenses ($2,000)***************

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

Step: 3

blur-text-image

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

Real Estate Finance

Authors: Wolfgang Breuer, Claudia Nadler

2012th Edition

3834934496, 978-3834934499

More Books

Students also viewed these Finance questions