The average Medicare rate for each case is $6,200. Use this as the baseline. Commercial insurances...

 

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The average Medicare rate for each case is $6,200. Use this as the baseline. Commercial insurances average 110% of Medicare, Medicaid averages 65% of Medicare., Lliability insurers average 200% of Medicare, and the others average 100% of Medicare rates. 1. Calculate the individual reimbursement rates for all 5 payers? 2. What is your expected Accounts Receivable? PART 3 Which of the following costs are fixed, which are variable, and which are direct or indirect: o Materials/supplies (gowns, drapes, bedsheets) Wages (nurses, technicians) Utility, building, usage exp (lights, heat, technology) PART 4 o Medications o o Licensing of facility Per diem staff Insurances (malpractice, business, and so on) Given the following costs per case: Materials/supplies: $2,270 Wages: $2,000 Utility, building, usage exp: $1,125 Insurances (malpractice, business, and so on): $175 What is the total cost of all combined cases? PART 5 Calculate the difference between accounts receivable (A/R) and accounts payable (A/P) The average Medicare rate for each case is $6,200. Use this as the baseline. Commercial insurances average 110% of Medicare, Medicaid averages 65% of Medicare., Lliability insurers average 200% of Medicare, and the others average 100% of Medicare rates. 1. Calculate the individual reimbursement rates for all 5 payers? 2. What is your expected Accounts Receivable? PART 3 Which of the following costs are fixed, which are variable, and which are direct or indirect: o Materials/supplies (gowns, drapes, bedsheets) Wages (nurses, technicians) Utility, building, usage exp (lights, heat, technology) PART 4 o Medications o o Licensing of facility Per diem staff Insurances (malpractice, business, and so on) Given the following costs per case: Materials/supplies: $2,270 Wages: $2,000 Utility, building, usage exp: $1,125 Insurances (malpractice, business, and so on): $175 What is the total cost of all combined cases? PART 5 Calculate the difference between accounts receivable (A/R) and accounts payable (A/P)

Answer rating: 100% (QA)

PART 1 Medicare reimbursement rate 6200 baseline Commercial insurance reimbursement rate 110 of Medicare Reimbursement rate 6200 110 6820 Medicaid rei... View the full answer