Question: Using the information below, calculate the required price / charge Total cost $ 1 0 0 , 0 0 0 Total volume 1 , 0

Using the information below, calculate the required price/charge
Total cost
$100,000
Total volume
1,000
Average cost
$100
Payer volumes
Medicare (payment rate= $95)
380
Medicaid (payment rate = $75)
90
Managed Care # 1(payment rate = $110)
320
Managed Care # 2(pay 80% of charges)
110
Uninsured (pay 10% of charges)
100
Total all payers
1,000
Desired net income
$5,000

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