The following pertains to UTSW Medical Clinic's 2020 budget for revenue:
Weighted Medicaid encounters by type |
|||
Jan |
Feb |
Mar |
|
Medicaid |
|||
Admissions |
420 |
392 |
424 |
Follow-up |
630 |
590 |
636 |
Total |
1,050 |
982 |
1,060 |
Fee per weighted Medicaid encounter by type |
|||
Type of Visit |
Fee |
||
Admissions |
$200.00 |
||
Follow-up |
$100.00 |
||
Assume that Medicaid reimburses at a rate of 40%. What is the budgeted Medicaid Net Revenue for the month of Februaryonly:
$53,311 |
||
$137,400 |
||
$59,980 |
||
$150,000 |
||
$54,960 |
Question
Feb | Fees | |||||
Medicaid | ||||||
Admission | 392 | $200 | $78,400 | |||
follow up | 590 | $100 | $59,000 | |||
Total | 982 | $1,37,400 | ||||
Medicaid reiburse at a rate of 40% | ||||||
Medicaid net revenue for the month of Feb | ||||||
= | 137400*40/100 | |||||
= | $54,960 | |||||
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