Scenario Three Spring County Medical Group has decided to bring coding back in-house, ending contract services. The

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Scenario Three Spring County Medical Group has decided to bring coding back in-house, ending contract services. The HIM manager has been asked to hire 7 FTEs. Full-time coders are budgeted to work 2080 hours per year and have fringe benefit costs of 28%. The average hourly rate of these seven coders ends up being $ 24.00 per hour. An additional sum of $ 5445 is allocated for overtime hours which are paid at the federal rate of "time and a half". What is the total salary cost for these seven coders? What is the total fringe benefits cost for these seven coders? What is the total cost (salary benefits) for these seven coders? At the average hourly rate, what is the maximum number of overtime hours that can be worked within this budget

Posted Date: May 18, 2024 09:08 AM

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