Sacramento Memorial Hospital has the following financial data and operational metrics: Number of beds 250 Total inpatient
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Question:
Sacramento Memorial Hospital has the following financial data and operational metrics:
Number of beds | 250 |
Total inpatient admissions | 12,250 |
Total outpatient admissions | 90,754 |
Total outpatient revenues | $111,900,050 |
Outpatient mix | 16.2% |
Medicare payment percentage (revenues) | 28.0% |
Average length of stay | 5.8 days |
Net price per discharge | $7,653 |
Cost per discharge | $6,292 |
a.) What is the hospital\'s profit per discharge?
b.) What is the hospital\'s total inpatient and total outpatient revenue? (Hint: Apply patient mix metrics to total revenues.)
c.) Verify your Part b answer for total inpatient revenue using volume and profitability metrics. (Hint: Calculate price per discharge.)
d.) What are the hospital\'s total revenues from Medicare patients?
e.) What is the total number of inpatient days?
Related Book For
Corporate Financial Accounting
ISBN: 978-1285868783
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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