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You are the manager of a small coding business that contracts with physicians. The owner of your business has asked you to evaluate if adding another coder will help increase revenue and efficiency. You currently employ two coders, with annual salaries of $40,000 and $36,000. They each code an average of 6,500 records per person, per year. You are able to provide some training to a novice coder, therefore, you are open to interviewing applicants who code less than 6,500 records per year for this additional position. List the factors you should consider regarding adding a new coder to the business. What is the maximum annual salary you could pay a new hire? How many records per year will the new hire need to code in order to make this additional hire a smart business decision? 

You are the manager of a small coding business that contracts with physicians. The owner of your business has asked you to evaluate if adding another coder will help increase revenue and efficiency. You currently employ two coders with annual salaries of $40000 and $36000. They each code an average of 6500 records per person per year. You are able to provide some training to a novice coder therefore you are open to interviewing applicants who code less than 6500 records per year for this additional position. List the factors you should consider regarding adding a new coder to the business. What is the maximum annual salary you could pay a new hire? How many records per year will the new hire need to code in order to make this additional hire a smart business decision? 

Health care managers are responsible for identifying staffing needs, including reductions and additions to their teams. There are two parts to this assignment:

Scenario 1 will challenge you to determine if a new hire is a viable option.

Click here to ORDER an A++ paper from our Verified MASTERS and DOCTORATE WRITERS:You are the manager of a small coding business that contracts with physicians. The owner of your business has asked you to evaluate if adding another coder will help increase revenue and efficiency. You currently employ two coders with annual salaries of $40000 and $36000. They each code an average of 6500 records per person per year. You are able to provide some training to a novice coder therefore you are open to interviewing applicants who code less than 6500 records per year for this additional position. List the factors you should consider regarding adding a new coder to the business. What is the maximum annual salary you could pay a new hire? How many records per year will the new hire need to code in order to make this additional hire a smart business decision? 

Scenario 2 will give you the opportunity to “sell” your open position to an applicant.

Both of these scenarios are based in statistics. Your responses should reflect a careful analysis of the statistical principles involved.

Evaluation Title: Staffing Needs

Scenario 1: Staffing a Coding Business

You are the manager of a small coding business that contracts with physicians. The owner of your business has asked you to evaluate if adding another coder will help increase revenue and efficiency. You currently employ two coders, with annual salaries of $40,000 and $36,000. They each code an average of 6,500 records per person, per year. You are able to provide some training to a novice coder, therefore, you are open to interviewing applicants who code less than 6,500 records per year for this additional position.

List the factors you should consider regarding adding a new coder to the business.
What is the maximum annual salary you could pay a new hire?
How many records per year will the new hire need to code in order to make this additional hire a smart business decision? Explain your answer, including the calculation of unit cost.
Scenario 2: Case Mix for Hiring a New Physician

You are a manager responsible for hiring a new hospital physician. You have several qualified applicants, ready to be interviewed.

In approximately 100 words, explain the concept of Case Mix.
In Q&A format, provide three possible questions the applicants might ask you.
At least one of the questions should be regarding case mix.
Conduct research as needed to formulate your answers, which should include applicable [fictional] statistical data.
Note: The assignment submission should include a minimum of 3 references overall.

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.

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