Question: You are a physician thinking about taking a capitated rate from an insurance plan. You are concerned that it includes lab tests that you will


You are a physician thinking about taking a capitated rate from an insurance plan. You are concerned that it includes lab tests that you will have to pay for. You are given the following information: 1. Population 500 members (patients) 2. PMPM $90 (PMPM = per member per month) 3. Lab test utilization averages 20 tests per member per year 4. Lab test cost to you averages $7.50 per test Which of these pieces of information do you need to know to calculate how much revenue you will get from the capitated rate? items 1 and 2 items 3 and 4 items 1, 3 and 4 some other information not listed
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