Question: PLEASE SHOW WORK USING EXCEL Assume your organization has 100 patients analyzed in the following manner. 15 Medicare patients who pay $2,000 per diagnosis 25
PLEASE SHOW WORK USING EXCEL
Assume your organization has 100 patients analyzed in the following manner.
15 Medicare patients who pay $2,000 per diagnosis
25 Medicaid patients who pay $1,800 per diagnosis
20 Managed Care patients who pay charges minus a 20% discount
10 Managed Care patients who pay charges minus a 25% discount
10 Private insurance patients who pay charges
10 Charity Patients who pay nothing
10 Bad debt patients who pay nothing
Your organization's average cost per patient is $2000.
Calculate the charge necessary to recover your cost.
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