Question: Please help solve Question 15 Please show all work. 15, Revenue budget: calculating gross revenues. Calculate ZMG Hospitalist Practice's January, February, and March Medicare gross
Please help solve Question 15
Please show all work.



15, Revenue budget: calculating gross revenues. Calculate ZMG Hospitalist Practice's January, February, and March Medicare gross revenues if the fee for an admission is $300 and the fee for a follow-up encounter is $150 (Exhibits 1.1e and 1.2a). liat Dractico's lanun EXHIBIT I.1e WEIGHTED ENCOUNTERS BY PAYOR AND TYPE Jan Feb Mar Apr Jun Jul May Aug Sep Oct Nov Dec Total Commercial Admissions Follow-up 1,788 1,892 2,838 1,768 2,65 1,908 2,860 1,772 2,656 1,692 2,540 1,736 2,606 1,776 2,664 1,828 2,740 1,760 2,638 1,860 2,792 1,968 2,950 21,748 32,620 2,684 Total 4,730 4,420 4,768 4428 4,232 4,342 4,440 4,568 4,398 4,652 4,472 4,918 54,368 Medicare Admissions Follow-up 2,944 4,416 2,748 4,124 2,964 4,448 2,756 4,132 2,636 3,952 2,704 4,054 2,760 4,142 2,844 4,264 2,736 4,104 2,896 4,342 2,784 4,176 3,060 4,588 33,832 50,742 Total 7,360 6,872 7,412 6,888 6,588 6,758 6,902 7,108 6,840 7,238 6,960 7,648 84,574 Medicaid/Self-Pay Admissions 420 Follow-up 630 424 396 408 412 396 392 590 392 590 376 564 388 580 392 586 436 656 4,832 7,250 636 592 610 620 596 Total 1,050 982 1,060 982 940 968 988 1,018 978 1,032 992 1,092 12,082 Total 13,140 12,274 13,240 12,298 11,760 12,068 12,330 12,694 12,216 12,922 12,424 13,658 151,024 Computed by multiplying the projected encounters by type and payor in Exhibit 1.1c by the RVUs (4 for admissions, 2 for follow-up) in Exhibit 1.1d, rounded to the nearest whole number. EXHIBIT I.2a ILLUSTRATION OF HOW JANUARY'S NET PATIENT SERVICE REVENUES IN THE ZMG HOSPITALIST PRACTICE'S OPERATING BUDGET (EXHIBIT 10.10) WERE DEVELOPED i Sinu A B 1 DB E F Gross Patient Net Patient Service Service SO Weighted Revenues Discount Revenues Encounters (*) Fees (6) (A x B) Percent (6) Discount (9) (C-E) Commercial Admissions Follow-up bio 1,892 2,838 $52.50 $52.50 $99,330 $148,995 Total 4,730 30 $248,325 30% $74,498 $173,828 2000 Medicare Admissions Follow-up 2,944 4,416 $52.50 $52.50 DOS $154,560 $231,840 VE Total SM 200 $231,840 7,360 $386,400 40% $154,560 10 2001 420 Medicaid/ Self-Pay Admissions Follow-up us Total Charity care $52.50 $52.50 $22,050 $33,075 630 CITY 1,050 $55,125 buoto bauordne 70% $38,588 nie 1% $165 $16,538 Total 13,140 $689,850 $267,810 $422,040 afyhibit Iid 15, Revenue budget: calculating gross revenues. Calculate ZMG Hospitalist Practice's January, February, and March Medicare gross revenues if the fee for an admission is $300 and the fee for a follow-up encounter is $150 (Exhibits 1.1e and 1.2a). liat Dractico's lanun EXHIBIT I.1e WEIGHTED ENCOUNTERS BY PAYOR AND TYPE Jan Feb Mar Apr Jun Jul May Aug Sep Oct Nov Dec Total Commercial Admissions Follow-up 1,788 1,892 2,838 1,768 2,65 1,908 2,860 1,772 2,656 1,692 2,540 1,736 2,606 1,776 2,664 1,828 2,740 1,760 2,638 1,860 2,792 1,968 2,950 21,748 32,620 2,684 Total 4,730 4,420 4,768 4428 4,232 4,342 4,440 4,568 4,398 4,652 4,472 4,918 54,368 Medicare Admissions Follow-up 2,944 4,416 2,748 4,124 2,964 4,448 2,756 4,132 2,636 3,952 2,704 4,054 2,760 4,142 2,844 4,264 2,736 4,104 2,896 4,342 2,784 4,176 3,060 4,588 33,832 50,742 Total 7,360 6,872 7,412 6,888 6,588 6,758 6,902 7,108 6,840 7,238 6,960 7,648 84,574 Medicaid/Self-Pay Admissions 420 Follow-up 630 424 396 408 412 396 392 590 392 590 376 564 388 580 392 586 436 656 4,832 7,250 636 592 610 620 596 Total 1,050 982 1,060 982 940 968 988 1,018 978 1,032 992 1,092 12,082 Total 13,140 12,274 13,240 12,298 11,760 12,068 12,330 12,694 12,216 12,922 12,424 13,658 151,024 Computed by multiplying the projected encounters by type and payor in Exhibit 1.1c by the RVUs (4 for admissions, 2 for follow-up) in Exhibit 1.1d, rounded to the nearest whole number. EXHIBIT I.2a ILLUSTRATION OF HOW JANUARY'S NET PATIENT SERVICE REVENUES IN THE ZMG HOSPITALIST PRACTICE'S OPERATING BUDGET (EXHIBIT 10.10) WERE DEVELOPED i Sinu A B 1 DB E F Gross Patient Net Patient Service Service SO Weighted Revenues Discount Revenues Encounters (*) Fees (6) (A x B) Percent (6) Discount (9) (C-E) Commercial Admissions Follow-up bio 1,892 2,838 $52.50 $52.50 $99,330 $148,995 Total 4,730 30 $248,325 30% $74,498 $173,828 2000 Medicare Admissions Follow-up 2,944 4,416 $52.50 $52.50 DOS $154,560 $231,840 VE Total SM 200 $231,840 7,360 $386,400 40% $154,560 10 2001 420 Medicaid/ Self-Pay Admissions Follow-up us Total Charity care $52.50 $52.50 $22,050 $33,075 630 CITY 1,050 $55,125 buoto bauordne 70% $38,588 nie 1% $165 $16,538 Total 13,140 $689,850 $267,810 $422,040 afyhibit Iid
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