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you have been asked to explain variances in cost under inpatient capitated contract. 1. what dollar amount of the toal variance is attributed to enrolment variance. what dollar affect did the increased admission rate have on cost? budget actual inpatient cost 12,568,500 16618350 members 4200 4200 admission rate 0.07 0.095 case mix index 0.9 0.85 cost per case (CMI = 1.0) 4750 4900

you have been asked to explain variances in cost under inpatient capitated contract. 1. what dollar amount of the toal variance is attributed to enrolment variance. what dollar affect did the increased admission rate have on cost? budget actual inpatient cost 12,568,500 16618350 members 4200 4200 admission rate 0.07 0.095 case mix index 0.9 0.85 cost per case (CMI = 1.0) 4750 4900

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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you have been asked to explain variances in cost under inpatient capitated contract.

1. what dollar  amount of the toal variance is attributed to enrolment variance. what dollar affect did the increased admission rate have on cost? 

  budget actual
inpatient cost 12,568,500 16618350
     
members 4200 4200
admission rate 0.07 0.095
case mix index 0.9 0.85
cost per case (CMI = 1.0) 4750 4900
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