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Expense per minute $19-

In treating epistaxis (DRG 150-151), physicians practicing in Dodson Hospital's Otolaryngology Department Perform one of the following three procedures: Procedure Embolization Nasal packing Surgical ligation Percentage of cases receiving procedure 20% 70% 10% Time required per procedure 30 minutes 10 minutes 20 minutes Charge per procedure $2,400 $220 $1,300 Furthermore, the hospital projects the following for the upcoming period: Number of epistaxis cases .. 100 Insurance status of patients Percentage of cases Medicare Medicaid Commercial insurance 10% 40% 50% Reimbursement rate provided by payer 0.7 0.5 0.8 Additional information regarding the department's expenses include: Total department expenses Percentage of department expenses required for epistaxis treatment $142,500 20% Calculate the gross and net revenues for each insurance status and each procedure. Total number of procedures Procedure Medicare Total number of procedures for Charge per procedure Medicare patients Percentage of procedures for Medicare patients Total gross revenue Reimbursement rate Total net revenue Embolization Nasal packing Surgical ligation Total Total number of procedures Percentage of procedures for Medicaid Total number of procedures for Charge per procedure Medicaid patients Procedure Total gross revenue Reimbursement rate Total net revenue Medicaid patients Embolization Nasal packing Surgical ligation Total Total number of procedures Procedure Commercially Insured (CI) Total number of procedures for CI Charge per procedure patients Percentage of procedures for CI patients Total gross revenue Reimbursement rate Total net revenue Embolization Nasal packing Surgical ligation Total

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