cost shifting - healthcare

Business & Finance
Price: $5 USD

Question description

Assume your organization has 300 patients analyzed in the following manner:

105 Medicare patients who pay $875 per diagnosis

55 Medicaid patients who pay $735 per diagnosis

67 managed care patients who pay charges minus 17% discount

34 managed care patients who pay charges minus 2% discount

5 managed care patients who pay $1100 per diagnosis

24 bad debt patients who pay nothing

10 charity care patients who pay nothing

Your organization’s average cost per patient is $1750.  Calculate the charge necessary to recover your costs.

Tutor Answer

(Top Tutor) Daniel C.
School: New York University
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