CHAPTER $17$: FINANCIAL CONDITION ANALYSIS

Homework Problem $5\mathrm{.}2$

RIVERSIDE HOSPITAL OPERATING DATA

OPERATING DATA

Net inpatient revenue $$69,050,000$

Net outpatient revenue $$105,250,000$

Net patient service revenue $$174,300,000$

Inpatient operating expenses $$67,750,030$

Total salaries $$70,748,898$

Total discharges $11,750$

Inpatient days $48,200$

# licensed and staffed beds $300$

Total FTEs $2,190$

Inpatient FTEs $815$

Calculate the following ratios based upon the data above For each ratio, provide a brief ratio analysis and comparative analysis.

Indicator Analysis: Briefly explain what the indicator means

Comparative Analysis Compare Riverside with peer group averages and explain how it did compared to other comparable hospitals.

OPERATING INDICATOR ANALYSIS Heart Hospital Industry Average

Profit per Discharge $$73$ Indicator Analysis

Comparative Analysis

Net Price per Discharge $$5,965$ Indicator Analysis

Comparative Analysis

Outpatient Revenue $\%58\mathrm{.}5\%$ Indicator Analysis

Comparative Analysis

Occupancy Rate $56\mathrm{.}6\%$ Indicator Analysis

Comparative Analysis

Average Length of Stay $4\mathrm{.}7$ Indicator Analysis

Comparative Analysis

Inpatient FTEs per Occupied Bed $5\mathrm{.}6$ Indicator Analysis

Comparative Analysis

Salary per FTE $$33,977$ Indicator Analysis

Comparative AnalysisRIVERSIDE HOSPITAL OPERATING DATA

OPERATING DATA

Calculate the following ratios based upon the data above

OPERATING INDICATOR ANALYSIS

HeartHospital

Industry Average

Profit per Discharge

Net Price per Discharge

Outpatient Revenue $\%$

Occupancy Rate

Average Length of Stay

Inpatient FTEs per Occupied Bed

Salary per FTE