Revenue Sources and Grouping Revenue Essay Paper Assignment
The Metropolis Health System has revenue sources from operations, donations, and interest income. The revenue from operations is primarily received for services. MHS groups its revenue
first by cost center. Within each cost center the services revenue is then grouped by payer.
For each of the six situations, indicate its number(1 through 6). Then place and X in the column(s) that represent the correct revenue source(s) for the item. The six situations are:
(1) ICU stay billed to employee’s insurance program.-
(2) Lab test paid for by an individual.-
(3) Pathology work performed for the state.-
(4) ICU stay billed to member’s health plan.-
(5) ICU stay billed for Medicare beneficiary.-
(6) Series of allergy tests run for eligible Medicaid beneficiary.-
Revenue Sources and Grouping Revenue
Revenue Sources and Grouping Revenue
Medicare Medicaid Other Public Patients Commercial Managed
Programs Insurance Care Contracts
(1)
(2)
(3)
(4)
(5)
(6)
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