Wellhealth Medical Center is a 350-bed not-for-profit organization. In 2020, they had 68,250 inpatient days and...
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Wellhealth Medical Center is a 350-bed not-for-profit organization. In 2020, they had 68,250 inpatient days and 19,233 discharges. Wellhealth's accounting system reporting $87,740,000 of inpatient service revenue and $84,000,000 of inpatient costs, with an inpatient workforce of 1,168 FTE's. The total salaries in 2020 was $66,022,575. 4. What is the medical centers profit per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is $73. 5. What is the medical centers inpatient FTE's per occupied bed? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is 5.6. 6. What is the medical centers salary per FTE? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is $32,987. 7. What is the medical centers net price per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is $5,056. Wellhealth Medical Center is a 350-bed not-for-profit organization. In 2020, they had 68,250 inpatient days and 19,233 discharges. Wellhealth's accounting system reporting $87,740,000 of inpatient service revenue and $84,000,000 of inpatient costs, with an inpatient workforce of 1,168 FTE's. The total salaries in 2020 was $66,022,575. 4. What is the medical centers profit per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is $73. 5. What is the medical centers inpatient FTE's per occupied bed? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is 5.6. 6. What is the medical centers salary per FTE? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is $32,987. 7. What is the medical centers net price per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook? The peer group average is $5,056.
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Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
Posted Date:
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