Question: The CFO has asked you to use facility data to determine reimbursement for a proposed new service that is estimated to treat a given

The CFO has asked you to use facility data to determine reimbursement

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. Payment per Patient DRG Relative Blended Expected Total of New Patients Reimbursement Weights Estimated No. Total Weight Rate A 0.1327 $2940 1. 650 2. 3. 2.162 $2940 4. 200 5. 6. C 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?

Step by Step Solution

3.40 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer The payment per patient is calculated using formula Relative weight... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Human Resource Management Questions!