Newton Payers Cases Length of Stay Total Costs (in Thousands) Percent of Total C
ID: 2418683 • Letter: N
Question
Newton Payers
Cases
Length of Stay
Total Costs (in Thousands)
Percent of Total Costs
Payments (in Thousands)
Percent of Total Payments
Average Payment Per Case
Contribution Margin (in Thousands)
Surplus or Deficit (in thousands)
Avg Cost per day
Medicare
3,882
5.2
$41,502
$32,952
$8,488
$7,188
-$8,549
NJ Blue Cross
1,030
3.7
$8,473
$10,986
$10,666
$5,751
$2,512
Managed Care
870
3.6
$6,964
$9,212
$10,589
$4,942
$2,248
Medicaid
502
6.2
$5,491
$3,299
$6,574
-$238
$2,191
Medicaid Managed Care
652
3.1
$4,880
$2,701
$4,143
$6,210
-$2,191
Charity
126
4.3
$1,030
$1
$11
-$632
-$1,029
Total
7,062
$68,340
$59,151
$23,221
-$4,818
Given the above information, how can you compute the percent of total payments accruing from each of the six payers?
Newton Payers
Cases
Length of Stay
Total Costs (in Thousands)
Percent of Total Costs
Payments (in Thousands)
Percent of Total Payments
Average Payment Per Case
Contribution Margin (in Thousands)
Surplus or Deficit (in thousands)
Avg Cost per day
Medicare
3,882
5.2
$41,502
$32,952
$8,488
$7,188
-$8,549
NJ Blue Cross
1,030
3.7
$8,473
$10,986
$10,666
$5,751
$2,512
Managed Care
870
3.6
$6,964
$9,212
$10,589
$4,942
$2,248
Medicaid
502
6.2
$5,491
$3,299
$6,574
-$238
$2,191
Medicaid Managed Care
652
3.1
$4,880
$2,701
$4,143
$6,210
-$2,191
Charity
126
4.3
$1,030
$1
$11
-$632
-$1,029
Total
7,062
$68,340
$59,151
$23,221
-$4,818
Explanation / Answer
Newton Payers
Cases
Length of Stay
Total Costs (in Thousands)
Percent of Total Costs
Payments (in Thousands)
Percent of Total Payments
Average Payment Per Case
Contribution Margin (in Thousands)
Surplus or Deficit (in thousands)
Avg Cost per day
Medicare
3,882
5.2
$41,502
60.73
$32,952
55.71
$8,488
$7,188
-$8,549
10691
NJ Blue Cross
1,030
3.7
$8,473
12.40
$10,986
18.57
$10,666
$5,751
$2,512
8226
Managed Care
870
3.6
$6,964
10.19
$9,212
15.57
$10,589
$4,942
$2,248
8005
Medicaid
502
6.2
$5,491
8.03
$3,299
5.58
$6,574
-$238
$2,191
10938
Medicaid Managed Care
652
3.1
$4,880
7.14
$2,701
4.57
$4,143
$6,210
-$2,191
7485
Charity
126
4.3
$1,030
1.51
$1
0.00
$11
-$632
-$1,029
8175
Total
7,062
$68,340
$59,151
100.00
$23,221
-$4,818
Newton Payers
Cases
Length of Stay
Total Costs (in Thousands)
Percent of Total Costs
Payments (in Thousands)
Percent of Total Payments
Average Payment Per Case
Contribution Margin (in Thousands)
Surplus or Deficit (in thousands)
Avg Cost per day
Medicare
3,882
5.2
$41,502
60.73
$32,952
55.71
$8,488
$7,188
-$8,549
10691
NJ Blue Cross
1,030
3.7
$8,473
12.40
$10,986
18.57
$10,666
$5,751
$2,512
8226
Managed Care
870
3.6
$6,964
10.19
$9,212
15.57
$10,589
$4,942
$2,248
8005
Medicaid
502
6.2
$5,491
8.03
$3,299
5.58
$6,574
-$238
$2,191
10938
Medicaid Managed Care
652
3.1
$4,880
7.14
$2,701
4.57
$4,143
$6,210
-$2,191
7485
Charity
126
4.3
$1,030
1.51
$1
0.00
$11
-$632
-$1,029
8175
Total
7,062
$68,340
$59,151
100.00
$23,221
-$4,818