Question: Using the attached document with Bayside's Financial & Operating numbers, calculate and comment (when peer group # provided) on the following: Profit per Inpatient Discharge
Using the attached document with Bayside's Financial & Operating numbers, calculate and comment (when peer group # provided) on the following:
- Profit per Inpatient Discharge
- Net Price per Inpatient Discharge
- Occupancy Rate as percentage
- Average Length of Stay
- LOS / CMI Ratio (not listed in book, look at this formula), peer group = 2.70
- Inpatient FTEs per Occupied Bed
- Salary per FTE
Finally, using the example shown in the Integrative Application calculate and comment on following:
- Du Pont extended (full) formula

In 2019, Bayside's managerial accounting system reported $89,230,000 of inpatient service revenue, $85,345,000 of inpatient costs, and 18,762 patient discharges. Peer group average = $175. Based on 96,745 inpatient days in 2019, licensed beds = 460; and peer group average increased to 46.2%. Bayside's all patient case-mix index was 1.19 for 2019, which is slightly above the peer group average of 1.16. With an inpatient workforce of 1,301 FTEs, With total salaries of $86,143,578 in 2019 and 2,802 total FTEs, pure group average = $33,266. Bayside's 2019 Financial Indicators: Total Revenue = $ 113,848 Net Income = S 9,039 Total Assets = $ 152,633 Total Equity = $ 107,973
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