The physicians at Ada Orthopedics are preparing an estimate of future revenues. The following data...
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The physicians at Ada Orthopedics are preparing an estimate of future revenues. The following data are known based on procedures performed last year . Number of procedures performed: 597 Gross charge per procedure: $17,100 im 202 160 Medicare Medicaid Private insurance Self-pay 46% 32% 58% 100% 13 For next year, trend analysis suggests a 6% decrease in the number of procedures and a 8% increase in the gross charge per procedure. Assume that the payer reimbursement rates and payer mix are expected to be the same next year. What is the forecasted net revenue per procedure from Medicare patients next year? (Round to the nearest whole dollar, e.g., $123.) $18,468 $8,495 $7,394 $7,866
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