Enter the daily cost, duration of stay, and insurance coverage to calculate the net cost of NICU stay.

NICU Cost Calculation Formula

The following formula is used to calculate the net cost of a NICU stay. 

Net Cost = Gross Cost * (1 - Insurance Coverage / 100)

Variables:

  • Net Cost is the final amount you pay after insurance ($)
  • Gross Cost is the total cost before insurance ($)
  • Insurance Coverage is the percentage of the cost covered by insurance (%)

To calculate the net cost, multiply the gross cost by the insurance coverage rate and subtract the result from the gross cost.

What is NICU Cost Calculation?

NICU cost calculation refers to the process of determining the net amount you need to pay for the stay of a newborn in the NICU after insurance deductions. This involves understanding the daily cost, the duration of the stay, and the applicable insurance coverage. Accurate NICU cost calculation is crucial for financial planning and budgeting