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Hospital financial reimbursement payor mix

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Reference no: EM132495438

Problem: A hospital's financial reimbursement payor mix indicates 25% of the population have Medicare and 10% have Medicaid. Of those who have Medicare, there is a 5% chance they also have Medicaid.

What is the probability that a hospital patient has both Medicare and Medicaid?

Reference no: EM132495438

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