Question: Given revenue / volume graphs for a medical practice using a Fee - for - Service reimbursement model and a practice using a capitation reimbursement

Given revenue/volume graphs for a medical practice using a Fee-for-Service reimbursement model and a practice using a capitation reimbursement model, identify the following items on each graph:
Fee-for-Service expense line
Fee-for-Service revenue line
Fee-for-Service breakeven point
Fee-for-Service profit wedge
Fee-for-Service loss wedge
Capitated revenue line
Capitated expense line
Capitated profit wedge
Capitated loss wedge
Capitated breakeven point
reimbursement model graph comparing volume (number of visits) on x-axis and dollars (revenue and cost) on y-axis
Explain what is meant by a revenue line and expense line in a Fee-for-Service environment and give examples of each.
Explain the meaning of a breakeven point, profit wedge, and loss wedge in the Fee-for-Service graph.
Explain what is meant by a revenue line and expense line in a capitated reimbursement environment and give examples of each.
Explain the meaning of a breakeven point, profit wedge, and loss wedge in the capitated reimbursement graph.
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