What is the medicare portion of the physician payment

Assignment Help Financial Management
Reference no: EM132040894

A non-participating physician provides services to a Medicare patient who has total charges of $100 (before Medicare’s limiting charge is applied). The physician does not accept assignment, charges the maximum allowable, and submits the claim to Medicare. Assume Medicare’s approved schedule for these services is $80.

1. What is the Medicare portion of the physician payment (which Medicare sends to the patient)?

2. What is the patient’s portion of the payment to the physician (net of the reimbursement from Medicare in the previous question)?

Reference no: EM132040894

Questions Cloud

What is the expected value of the sampling distribution : What is the expected value of the sampling distribution model for the proportion of 480 freshmen that will return to the same school for their sophomore year?
Loan investment after the changes in interest rates : What is the market value of the insurance company’s loan investment after the changes in interest rates?
Score from a distribution of scores : How is calculating a percentile for a mean from a distribution of means different from doing so for a score from a distribution of scores
A comprehensive evaluation of an organization : Choose an existing organization from your current industry (could be your current employer).
What is the medicare portion of the physician payment : What is the Medicare portion of the physician payment. What is the patient’s portion of the payment to the physician
Discuss about leading and lagging indicators : Strategic sustainability planning covers purposes and benefits, SWOT (strengths, weaknesses, opportunities, and threats) analysis for strategic.
Demand based on this change in capital structure : What is the new return that shareholders will demand based on this change in capital structure?
Create a brand complete with logo : Create a brand complete with logo, color, jingle or whatever you feel will entice your target consumer to purchase your product.
Calculate the wacc : The company has assets worth $ 9,000,000. tax rate is 40%. Please calculate the WACC.

Reviews

Write a Review

Financial Management Questions & Answers

  Expected return standard deviation russell fund

Expected Return Standard Deviation Russell Fund 16% 12% Windsor Fund 14% 10% S&P Fund 12% 8% The correlation between the returns on the Russell Fund and the S&P Fund is .7. The rate on T-bills is 6%. Which of the following portfolios would you prefer..

  Comprised of treasury bills-common stock-corporate bonds

Samantha has an investment portfolio that is comprised of Treasury bills, common stock, corporate bonds, and Treasury bonds.

  How would you respond to the boards desire

How would you respond to the Board's desire for a return on investment from this initiative? Do you believe that the board's request is a reasonable one? Why or why not?

  If market interest rates decline

If market interest rates decline

  Define the current stock price

The risk-free rate is 4.2 percent, and the stock will pay a dividend of $2.50 in three months. What is the current stock price?

  Constructan amortization table for the first six months

Constructan amortization table for the first six months of the loan.

  What methods can be used by fed to influence interest rates

What methods can be used by the FED to influence interest rates? Are these methods effective? Use examples where appropriate.

  What is universal life insurance

Describe the non-forfeiture and loan clauses of whole life insurance policies.- Why is the premium paid for whole life higher than the premium for term life?

  Punishes the owner of liquor store

An ordinance that punishes the owner of a liquor store for his employee's sale of alcohol to a minor even if owner was unaware of and not present for alcohol

  Projected sales for the first four months

Dorian Industries' projected sales for the first four months of 2015 are given below: Jan. $150,000 Feb. $240,000 Mar. $180,000 April $200,000 20% of sales are collected in cash at time of sale, 50% are collected in the month following the sale, and ..

  Examine who is involved in financial decision-making

Examine who is involved in financial decision-making and analyze what are the steps in the financial decision-making process.

  What of interest has concho acquired

Calculation: COG Operating LLC owns a working interest in an oil and gas lease. Lacking the funds to develop the lease, COG assigns the working interest to Concho Resources Inc, reserving 1/32 of 6/7 of production. What of interest has Concho acquire..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd