The Possible Reimbursement from Medicare - Research Paper Example

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The paper "The Possible Reimbursement from Medicare" discusses that the fact that the ratio of cost to charge is less than 13% indicates that a large contribution margin of 87% is realized by the hospital in the case of Naples, from the point of view of a total cost analysis…

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The Possible Reimbursement from Medicare

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Subject: Business
Type: Research Paper
Level: Undergraduate
Pages: 1 (250 words)
Downloads: 2
Author: harvey62

Extract of sample "The Possible Reimbursement from Medicare"

The calculation for gross profit provided above is premised on the possible reimbursement from Medicare and the direct cost of the procedure. It did not account for the cost of the room, nurses’ salaries, and other overhead which, when combined with the direct cost for the procedure, should comprise the total cost per procedure. According to NCH cost center statistics, the following information has been determined for cardiac catheterization procedures:
The foregoing data provides useful information about the ratio of the cost to the charge associated with cardiac catheterization, where cost is the amount the hospital defrays while the charge is the amount that the hospital bills the patient. Read More

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