Formulate your answer based on the information below. The intensity of care delivered dropped from a budgeted
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Formulate your answer based on the information below. The intensity of care delivered dropped from a budgeted case mix of to an actual case mix of What dollar effect did this have on actual costs?
You have been asked by management to explain the variances in costs under your inpatient capitated contract. The following data is provided. Use the following data to calculate the variances.
Budget
Actual
Inpatient Costs
$
$
Members
Admission Rate
Case Mix Index
Cost per Case CMI
$
$
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