Health Care Analysis

Health Care Analysis

13-3

Q. There are 600 procedures allocated for payer 1, 800 for payer 2, 400 for payer 3, and 200 for payer 4.

Payer 1

30000

Contractual allowance

Payer 2

40000

Payer 1

20000

Payer 3

20000

Payer 2

30000

Payer 4

10000

Payer 3

50000

Total

100000

Payer 4

10000

Q.

Procedure 1

80000

Procedure 2

70000

Procedure 3

50000

Procedure 4

90000

Total

290000

Q.

14-2

Year 1

Year 2

Year 3

Year 4

Year 5

Hospital 2

20,000,000.00

22050000

26,250,000.00 25,200,000.00 21,000,000.00

14-3

$1.55: £ 1 & $1.33: € 1

US $

GBP £ (

Euro €

500

322.31

374.81

US $

GBP £

Euro €

500

6544.62

749.63

14-4

Wages/hour

Total/hour

Total wages/year

Lawn care equipment

Lawn care equipment (per year)

Total expenditure

Sample Hospital

15

17.25

19320

2695.5

539.1

19859

Wages per week

Wages per year

Son of Chief of medical staff

$100

$5,200

Apr-Oct (7 months)

Feb, Mar, Nov (3 months)

Nov, Dec, Jan (3 months)

Total/year

Nursing facility

4200

1200

600

$ 6000

The expenditure on the three facilities is $19859, $5,200 and $6000. The expenditure is on yearly basis. As a result it has become easier to compare the maintenance costs of the three facilities.

15-1

Expenditures

Salary (for a managing director and his assistants)

$76,000

Salary (coordinator)

$18,000

Fringe benefits

$35,000

Training and development

$28,000

Transportation charges

$14,500

Promotion and Advertising

$22,000

$193,500

Equipment

$45,000

Enterprise Resource Planning Technology

$42,000

$280,500

15-2

15-3

Revenues of Operation:

 

Net patient service revenue

$13,150 NYS Intergovernmental transfer Nassau County Billings Historical Mission Payments Federal & State Aid

$6,500 Practice Plan Revenue Investment Income (150000 X 5%)

7500

Miscellaneous

2500

Total revenue of operation

$29,650

Operating Expenses:

 

Salaries

$7,500 Fringe Benefits

$3,500 Supplies

$2,200 Expenses

$300 Utilities

$90 Depreciation Expense (750000 X 0.0%)

25000

Interest & Amortization

$320 Bad Debt Expense

$1,500

Total operating expenses

$32,910

Gain (Loss) From Operations

($3,260)

16-1

As it can it be seen from the statement that Ted needs funding due to two needs, one for the extending the hospital space, as the space available right now is being used to full capacity. The other need is related to a prominent surgeon, and his needs is dependent upon two aspects, one for extending the space and the other one is for new state-of-art equipment.

Therefore, Ted would need to develop such a strategy ...