6 Palm Viewl Hospital has the following financial data and operational metrics: Number of beds 8 Total inpatient admissions 9 Total outpatients visits 10 Total patient revenues 11 Outpatient mix 12 Medicare payment percentage (revenues) 13 Average length of stay (in days) 14 Net price per discharge 15 Cost per discharge 16 17 a. Calculate the hospital's profit per discharge? 18 b. Calculate the hospital's total outpatient revenues and the total inpatient revenues? 19 Hint: Use the outpatient mix metric.) 20 c. Verify your Part b answer for total inpatient revenues using volume and profitability metric 21 (Hint: Calculate price per discharge.) 22 d. What are the hospital's total revenues from Medicare patients? 23 e. On average, what is the total number of inpatient days? 24 f. What is then hospital's occupancy rate? 25 26 ANSWER 27 a. 28 Profit per discharge 29 30 b. If using the outpatient mix metric: 31 Total outpatient revenues 32 Total inpatient revenues 350 12,250 90,754 $111,900,060 $93,749250 16.20% 28.00% 6.5 S7,653 S6,292 34 c. If using the volume and profitability metrics: 35 Total inpatient revenues 36 37 d. 39 40 e 41 Total number of inpatient days 42 43 f 44 Occupancy rate