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4. Form 1: Medical Cost Center

Illustrates steps 6-8 in the development of cost based fees

Download or view the worksheet Form 1

Look at Form1 in the Excel file. The relative value for each of the CPT codes is inserted automatically from the “procedures” spreadsheet onto the form. The next step is to insert utilization numbers for each of the CPT codes for the time frame under analysis.

The spreadsheet will automatically calculate:

  1. the “Total Service Units”
  2. the “Average Cost Per Service Unit”, and
  3. the “Service Cost”

This last column (K - Fee) of the worksheet is the current fee schedule of the clinic that was in place during the timeframe of the analysis.
 

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URL: http://www.hcet.org/training/Mmatters/ModII/F1Med.htm
 Last update: 04/22/08