Assume your organization has 100 patients analyzed in the following manner: 15 Medicare patients, who pay $2.000
Question:
Assume your organization has 100 patients analyzed in the following manner:
15 Medicare patients, who pay $2.000 per diagnosis
25 Medicaid patients, who pay $1,800 per diagnosis
20 managed care patients, who pay charges minus a 20% discount
10 managed care patients. who pay charges minus a 25% discount
10 private insurance patients, who pay charges 10 charity care patients, who pay nothing
10 bad debt patients. who pay nothing
Your organization's avenge cost per patient is $2.000. Calculate the charge necessary to recover your cost-
Cost-Cutting Self-Quiz Problem
Using the data from the self•quiz problem on cost shifting. assume those who pay charges will allow a maximum charge of $2,100.
Calculate the amount of costs you will need to cut to break even.
Human Resource Management
ISBN: 978-0078029127
12th edition
Authors: John Ivancevich, Robert Konopaske