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You need to check for variance in last quarter's payroll. One of the coders, Shannon, left the department at the end of July, so the
You need to check for variance in last quarter's payroll. One of the coders, Shannon, left the department at the end of July, so the department outsourced the coding function until you filled the position in September. Coder July Aug Sept EE $2,500 $3,500 $2,000 Total Budgeted Amount $7,500 $10,500 $6,000 $3,500 $2,000 Shannon Jessie Lurline Larson Outsourcing Expected Actual $3,500 $2,000 $2,250 --- $3000 $8,000 $8,000 $8,000 $24,000 4. 6. 5 6. Variance 7. 8. 9. 10. What is the total variance for the 3-month period from July to September? 11. Lurline makes $24,000 per year and receives a 5% raise effective January. What is Lurline's new monthly salary? The CFO has asked you to use facility data to determine reimbursement for a proposed new service that is estimated to treat a given number of patients from five specialty DRGs. She also wants to know how the proposed new patients would affect the facility's CMI (currently 1.995). Calculate the missing information in the table. DRG Relative Blended Payment per Estimated No. Expected Total Total Weight Rate Patient of New Patients Reimbursement Weights A 0.1327 $2940 1. 650 2. 3. B 2.162 $2940 4. 200 5. 6. 3.07 $2940 7. 200 8. 9. D 0.8122 $2940 10. 400 11. 12. E 3.003 $2940 13. 150 14. 15. 16. What is the estimated total reimbursement for all patients if the new service is added? 17. What is the CMI for the new DRGs? 18. The current CMI of 1.995 was calculated on a patient volume of 19,000, with total relative weights of 37,905.00. If the proposed expansion of services is implemented, what is the new CMI
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