Given the following table, assess Mercy Hospital against the benchmarks for urban teaching hospitals, and so on.
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Given the following table, assess Mercy Hospital against the benchmarks for urban teaching hospitals, and so on. Explain Mercy Hospital's strengths and weaknesses in occupancy, payer mix, service mix, and labor use. Identify two areas you would recommend for improvement and explain why these two areas should be given priority.
Operating Indicators | Mercy Hospital | Median | 25th | 75th |
Occupancy | 64.3% | 55.3% | 39.0% | 68.4% |
Discharges per bed | 37.2 | 33.0 | 17.4 | 47.5 |
Adjusted ALOS | 2.8 | 2.7 | 2.4 | 3.0 |
Medicare % Discharges | 44.9% | 40.3% | 30.0% | 52.9% |
Medicaid % Discharges | 5.2% | 5.7% | 1.9% | 12.9% |
Outpatient Revenue % | 62.3% | 58.4% | 44.2% | 71.5% |
Salaries per adjusted discharge | $2,696 | $2,382 | $1,982 | $2,866 |
FTEs per occupied bed | 3.6 | 3.7 | 3.2 | 4.3 |
Salaries as % of total expenses | 42.70% | 39.8% | 34.6% | 44.7% |
Deductible ratio | 63.10% | 62.7% | 48.8% | 72.0% |
Related Book For
Introduction To Health Care Management
ISBN: 9781284081015
3rd Edition
Authors: Sharon B. Buchbinder, Nancy H. Shanks
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