A hospital has contracted with an HMO to provide acute care inpatient services for $1000 per day subject to a 10 percent withhold. The proposed budget for inpatient services is based upon expected utilization of 600 days per 1000 members at $1000 per
A hospital has contracted with an HMO to provide acute care inpatient services for $1000 per day subject to a 10 percent withhold. The proposed budget for inpatient services is based upon expected utilization of 600 days per 1000 members at $1000 per day or $600000 per 1000 members. The hospital risk pool will be split equally between the hospital and a primary care physician group. If only 450 days per 1000 members were utilized in the first year how much would the hospital be paid per 1000 members?A not-for profit nursing home has total expenses of $20 million. Sales tax in the state is 7%. Expenses are broken down into salaries ($12 million) supplies ($6 million) and pharmacy ($2 million). The benefit received by the nursing home from the sales tax exemption assuming that pharmacy items are exempt from state sales tax is?(Points : 10)