Question: For the next two problems, you will be expected to conduct the Cost Shifting and Cost Cutting Problem on page 137 in your text. A
For the next two problems, you will be expected to conduct the Cost Shifting and Cost Cutting Problem on page 137 in your text. A spreadsheet has been uploaded into Blackboard to assist you with this exercise.
After conducting the cost-shifting analysis, what is the necessary charge per patient that is necessary to recover your costs?
Assume:
15Medicare patients, who pay $2,000per diagnosis
25 Medicaid patients,who pay$1,800per diagnosis
20Managed Care patients, who pay charges minus 20%
10Managed Care patients,who pay charges minus 25%
10Private Insurance patients, who pay charges
10Charity Care patients,who pay nothing
10Bad Debt patients, who pay nothing
Average cost per patient is $2,00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
