Review the 2022 Hospital Medicare Cost Reports page of the Indiana Department of Health website for more help in starting your Discussion.
- Using the MCR, consider the current economic trends both producing a loss and producing revenue. What economic principles (macro and micro) are driving this shift? What element of the Medicare Cost Report did you find most valuable and why?
- Select a specific institution that has published an MCR.Describe the specific institution you identified.
- Utilizing the institution’s published MCR, analyze costs and revenue of at least three specific departments.
- Evaluate implications of the volume of at least one of your specific departments to the facility’s future income stream.