Value
The Value section of the Utilization Folder imports the Title, Unit, and Per
items are from the Specifications section of the Parameters Folder and ask you
to fill in data shaded in blue if you checked in the Specifications section that
the data was known.
In the Value section of the Utilization Folder, if the Per is not PMPM, then
the calculated data described in Value must be restated * 12 for PMPM and *
1,000 for Per 1,000 members.
The Value field displays either data or the text “Enter Value”. There are three possibilities:
- Value displays data if in the Specifications section of the Parameters
Folder, the Utilization Data Known box is not checked and the Capitation Rate Known
and Cost Per Unit Known boxes are checked.
- Otherwise “Enter Value” text is displayed and Value must be entered to proceed with Next, Previous or
another folder. If Value is calculated and not entered, the formula is:
Capitation Rate/Cost Per Unit for corresponding item; or for Sub Totals of Line Items.
- If the Enter as Utilization Value is checked, the value is copied to the
value in the Utilization Folder.
The Utilization value is calculated as follows:
| Per Member
| Per 1,000 Members
| Per Month
| Per Year
|
|
|
|
|
|
Member Months
| Units/Member Months
| Per Member/1,000
| | 2
|
Members
| Units/(Members * Months)
| Per Member/1,000
| | 2
|