Question 3

Assume that you want to go with Vendor 1 after the RFPs are evaluated. Now you must perform a cost-benefit analysis to see if it is feasible to entirely outsource. Their pricing structure is $5 per inpatient chart, $3 per outpatient chart, $1.75 for each ER, and $1 per ancillary account. Base your calculations on the average daily accounts for each patient type listed below. Put the cost per year as the answer.

Inpatient 70

Outpatient 75

Emergency Room 185

Ancillary 360

Question 4

Now calculate your coding budget for next year. All full-time staff will be getting a 2.5% raise; part-time staff will be getting 1%. In addition, you must also account for the fringe benefit costs associated with the coding staff which is 32% of their salary.

Coder Current rate This years salary Raise Next years salary

Inpatient Coder 1 FTE 24.00 per hr.

Inpatient Coder 2 FTE 22.50 per hr.

Inpatient Coder 3 FTE 21.85 per hr.

Outpatient Coder 1 FTE 19.75 per hr.

Outpatient Coder 2 FTE 19.75 per hr.

ER Coder 1 FTE 18.25 per hr.

ER Coder 2 PT 18.25 per hr.

Ancillary Coder 1 FTE 17.50 per hr.

Ancillary Coder 2 PT 17.50 per hr.