The CFO (chief financial officer) is reviewing the previous year?s revenue. The CFO voices concerns regarding decreased revenue projections for the year. The CNO (chief nurse officer) should examine the:
1. Capitation rates for the year.
2. Payer sources for the month.
3. Volume and mix of clients for the year.
4. Medicare reimbursement rates.
3
Explanation: 1. Capitation rates are paid to a health care provider whether services were provided. Payer
sources are those categories in which the facility has obtained payment. Volume and mix of
clients is helpful in determining revenue projections. A higher volume of outpatient
procedures compared to a higher volume of Medicare clients can increase the revenue for the
year. Comparing the volume and mix of clients will help analyze why revenue is up or down.
Medicare reimbursement rates are important to consider but the CNO and CFO have to look at
all sources of income.
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