Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

THIS IS THE ONLY INFO I HAVE Given the following information: Average cost per discharge = $3, 500 A. Calculate the average charge per discharge

THIS IS THE ONLY INFO I HAVE image text in transcribed

Given the following information: Average cost per discharge = $3, 500 A. Calculate the average charge per discharge required to generate a net income of $1, 000, 000? B. Assume commercial insurers negotiate a contract that pays 90% of charges, what is the average charge per discharge required to earn $1, 000, 000? C. What is the impact on average charge per discharge if managed care cases increase by 500 cases and commercial cases fall by 500

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_2

Step: 3

blur-text-image_3

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

The Leverage Space Trading Model

Authors: Ralph Vince

1st Edition

0470455950, 978-0470455951

More Books

Students also viewed these Finance questions