You’re reviewing reimbursement for a Medicare surgical craniotomy case. The case falls into a DRG1. Which has a relative weight of 3.0970 and a geometric mean length of stay of 6.3. The hospital’s current standard reimbursement rate is $1500. Calculate the DRG reimbursement for this case.
To calculate the DRG reimbursement for this case, you need to multiply the relative weight by the hospital's standard reimbursement rate. Here's how to do it step by step:
1. Multiply the relative weight (3.0970) by the hospital's standard reimbursement rate ($1500):
3.0970 * $1500 = $4645.50
Therefore, the DRG reimbursement for this case would be $4645.50.