Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:
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Determine the amount of net operating income that would result for a hospital whose payer mix and expected volume (100 cases) is as follows:
30 Medicare cases pay $2,000 per case
30 Blue Cross Blue Shield cases pay $2,200 per case
20 commercial cases pay 100 percent of charges
10 Medicaid cases pay average cost
8 self-pay cases pay 100 percent of charges
2 charity cases pay nothing
Average cost per case is expected to be $2,200, and the average charge per case is $2,500
I should see the following: ( show work)
A total for gross patient revenue
A total for deductions for gross patient revenue
Net patient revenue
Total expenses
Excess of revenue over expenses
Ms. J
Calculate gross patient revenue, deductions from gross patient revenue, net patient revenue, total expenses, and excess of revenues over expenses.
Define revenue
Define fee for service, discounted fee for service, charity services, and payment before service is delivered. ( all written assignments must be in APA format)
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