Assignments:
Your paper must be submitted as a Microsoft Word .doc document. If you are using Microsoft 2007 software you must save (“save as”) your work in an earlier version of Word to ensure you turn in the .doc format. Try this early to make sure you are able to save your work as a .doc file. Questions? Use the “Ask the Instructor Forum”.
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
Calculate Gross patient revenue and deductions from gross patient revenue.
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)
Time Value of Money (TVM)
Calculate the Future Value of $1 in each of these 3 projects
Calculate the Present Value of each of the Projects below:
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