Question: Part 1 : Complete the following Cost Benefit Analysis Report for the following scenario: The client is to be discharged from a skilled nursing care
Part : Complete the following Cost Benefit Analysis Report for the following scenario:
The client is to be discharged from a skilled nursing care setting to home. The injuries occurred in an auto accident. It has already been determined the client will need a sip and puff wheelchair quoted at $ a specialty bed quoted at $ and ventilator supplies quoted at $ a month from Lifestyles Equipment Company.. Your assignment is to review the current costs and negotiate the lowest price for the identical equipment. Obtain two make believe quotes from two other equipment companies. You will need to estimate the case management time it would take to complete this assignment. Estimate case management time obtaining and negotiating costs to the nearest hour. You do not have to estimate any time for ordering or delivery of equipment. This assignment is specific to the cost of the equipment. Once you have identified your costs, complete the following cost benefit analysis form.
Cost Benefit Analysis Form
Report Date: March
Re: Joe Smith
File #:
Carrier: American Insurance CoAuto Insurance Carrier
Date of Referral: January
Total Weeks of Case Management: Four Weeks
Diagnosis: C Tetraplegia, TBI on a ventilator
Case Management Fees:
Summary of Interventions: Companies contacted, prices negotiated
Avoidance of Potential Charges: These are the individual charges that would have been incurred if you had paid the highest price
Total of Potential Charges: This is the total amount of Potential Charges
Total of actual costs: Includes the actual cost negotiated and paid
Gross Savings: These are the avoided potential charges minus the actual charges
Net Savings: These are the gross savings minus case management fees
Part : For this part of the assignment you are to compare the alternate care settings of discharge to home vs the cost of care in a skilled care facility over a day period. Once you have calculated your costs, complete the following Alternative Care Setting form.
Some costs have been provided and other costs you will have to obtain or estimate. Do not add additional services for equipment.
Estimate case management services based on how much time you believe it will take to coordinate services. For this assignment you do not have to provide specific detail regarding case management services such as how many phone calls or mileage. Provide just a broad estimate of the number of case management hours and costs based on: Estimated Phone hours Estimated personal contact hours Estimated travel time Total estimated case management time. Calculate time to the nearest hour.
Alternative Care Setting Form
Report Date: March
Re: Joe Smith
File #:
Carrier: American Insurance CoAuto Insurance Carrier
Date of Referral: March
Diagnosis: C Tetraplegia, TBI on a ventilator
Summary of Skilled Care Costs:
Daily rate: $ per day
Sip and Puff Wheelchair not included: $
Specialty Bed not included: $
Ventilator supplies included with no additional charge
Nursing, physician and therapy included with no additional charge
Case management services: $hour Calculate a charge based on an estimated time to coordinate equipment and services required to transition the client to the skilled care facility
Total Skilled Care Costs:
Alternative Discharge to Home Costs:
Client is a ventilator dependent quadriplegic with a TBI and would require skilled care by an RNLPN
Skilled Nursing RNLPN :
Therapy: days of OT PT SPL
Sip and Puff WC: $
Specialty Bed: $
Ventilator Supplies $ a week
Temporary Ramp at Front door:
Case Management Services: $hour To include arrangement of equipment and services for discharge to home with follow up case management services over the first thirty days.
Total Alternative Discharge to Home Costs:
Total Costs of skilled care:
Total Alternative costs of Home Discharge:
Total savings or costs of Alternative Care:
Case Management Fees for Alternative Care Analysis: $ per hour. These are billable hours associated with determining the costs of an alternative care setting. Please use the time that it took you to complete this assignment as your billable hours.
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