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Match the word to it’s definition | Wiki Cram

Match the word to it’s definition

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Mаtch the wоrd tо it's definitiоn

Mаth 1316 Quiz 03

Rаleigh Hоspitаl signs а cоntract with Buena Health Plans tо provide healthcare services to Buena's members. The contract includes certain quality metrics that will be used throughout the contract term. The measures include target and stretch goals for its 30-day all-cause readmission rates and hospital-acquired infection rate. The contract is set up such that Raleigh is required to submit, within 30 days of the end of each quarter, information on its actual 30-day all-cause readmission rates and hospital acquired infections for the preceding quarter (for example, Q1 information is due by April 30th). Baseline, target and stretch information follows: If Raleigh fails to reach baseline on a measure, it incurs a 3% penalty. If target is reached, Raleigh receives a 2% bonus. If stretch is reached, Raleigh receives a 4% bonus. Performance is determined on a quarterly basis. Assume that Raleigh’s reimbursement from Buena for the first quarter was $100 million. Raleigh submits data to Buena showing that Raleigh’s actual Q1 readmission rate was 6.2% and its hospital-acquired infection rate was 2.1%. What amount of bonus or penalty should Raleigh record?