Homework Answers
PMPM = [number * days* Daily cost *(1+admin cost)*(1+profit margin) ] / total number of lives
PMPM = 25*4.5*950*(1.10)*(1.07) / 150000 = $ 0.8386 = $ 0.84.
As they would like to increase the profit with making change in PMPM , but change in diem rate (d)
So, $ 0.8386 =25*4.5*d*(1.10)*(1.09) / 150000
=> d = 125791.9/(25*4.5*(110%)*(1.09)) = $ 932.57.
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