Question
*** 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
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