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Revere Community Hospital is starting the process of projecting next year's inpatient revenue by calculating changes in inpatient revenue from 2021 to 2022. Using the
Revere Community Hospital is starting the process of projecting next year's inpatient revenue by calculating changes in inpatient revenue from 2021 to 2022. Using the table below, calculate the percent of revenue generated by each payer in 2021 and 2022 and the year-to-year change in revenue. Which payers had the highest and lowest growth in revenue in the last year?
Payer | 2021 | % of Total | 2022 | % of Total | % Change | |
Commercial | 17,500,000 | _______ | 18,000,000 | _______ | _______ | |
Managed care | 37,000,000 | _______ | 37,800,000 | _______ | _______ | |
Medicare | 31,500,000 | _______ | 32,400,000 | _______ | _______ | |
Medicaid | 6,000,000 | _______ | 6,300,000 | _______ | _______ | |
Self-pay/Charity | 1,475,000 | _______ | 1,500,000 | _______ | _______ | |
93,475,000 | _______ | 96,100,000 | _______ | _______ | ||
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