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Healthcare Total Cost of Care Worksheet

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Health & Medical

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Number of Patients Patient Description Reimbursement Per Patient Total Reimbursement at est. rate $1,900 30 x $1,900= $57,000 30 Medicare $1,700 30 x $1,700= $51,000 30 Medicaid 20 Managed care 90% of charges 20 x $3,120(.9)= $56,160 10 Private insurance 100% of charges 10 x $3,120= $31,200 4 Charity care 6 Bad debt patients $0 25% of charges (75% loss) Total patients= 100 Estimated cost per patient: $2,000 Necessary charge per patient in order to break even= $3,120 $0 6 x $3,120(.25)= $4,680 $200,040 Total Cost Net profit/cost $60,000 57,000-60,000= -3,000 $60,000 51,000-60 ...
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I was having a hard time with this subject, and this was a great help.

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