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7. The excess of revenues over expenses represents either the profit or loss for the institution. What would be the profit or loss per admission

7. The excess of revenues over expenses represents either the profit or loss for the institution. What would be the profit or loss per admission (not adjusted admissions) for Sarasota in 2019 and 2018. 2019 ________________ 2018 _________________

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The following are excerpts from the Sarasota Financial Reports located at: https://www.smh.com/Home/About-Us/Financials SARASOTA COUNTY PUBLIC HOSPITAL DISTRICT Statements of Revenues, Expenses, and Changes in Net Position Years ended September 30, 2019 and 2018 2019 2018 Operating revenues: Net patient service revenue, net of provision for bad debts of $193,094,193 in 2019 and $162,730,098 in 2018 Other revenue $ 962,713,515 22,698,714 861,236,665 19,884,691 Total operating revenues 985,412,229 881,121,356 Operating expenses: Salaries, wages and fringe benefits Supplies Purchased services Professional fees State of Florida medical assistance assessment Depreciation and amortization Total operating expenses Operating income 488,285,569 201,440,359 114,223,827 27,820,587 11,712,294 50,398,563 430,586,007 180,213,886 100,530,004 25,624,227 10,427,911 48,798,307 893,881,199 796,180,342 91,531,030 84,941,014 58, 136,476 (11,444, 104) 2,060,436 Nonoperating items: Ad valorem tax Interest expense Interest rate swap receipts, net Bond issue costs Loss on defeasance Investment income Unrealized gains and losses on investments, net Change in fair value of ineffective interest rate swaps Other nonoperating income Total nonoperating items Excess of revenues over expenses 54,313,958 (15,556,104) 1,594,999 (3,016,338) (3,860,311) 16,816,734 (16,862,278) (798,315) 2,132,385 20,969,144 37,757,412 1,245,429 309,742 109,034,535 34,764,730 200,565,565 119,705,744 SARASOTA COUNTY PUBLIC HOSPITAL DISTRICT Notes to Financial Statements September 30, 2019 and 2018 The difference between customary charges and the contractually established rates is accounted for as a contractual adjustment. The District's customary charges, contractual adjustments, and provision for bad debts for the years ended September 30, 2019 and 2018 are as follows: 2019 2018 Gross patient charges Contractual adjustments Provision for bad debts Net patient service revenue $ 4,917.968, 197 (3.762, 160,489) (193,094,193) 962.713,515 4,249,943,216 (3,225,976,453) (162,730,098) 861,236,665 SARASOTA COUNTY PUBLIC HOSPITAL DISTRICT Management's Discussion and Analysis September 30, 2019 and 2018 (Unaudited) 2015 Fiscal year ended September 30 2019 2018 2017 2016 Licensed beds 839 829 829 819 Average number of beds in service 828 784 748 701 Average daily census 543 473 437 423 Percent occupancy 66.0 60.0 58.0 600 Patient days 198,342 172,540 159,503 Admissions 154.821 43.120 36,016 33 262 31,946 Adjusted admissions (1) 68,937 59,786 56,378 55 244 Average length of stay 4.60 4.79 4.80 4.85 Emergency Room Visits/Registration 125,195 122.654 124,065 Surgery Cases 24,685 23,369 22.195 21,347 Radiology procedures 358,746 342,059 326,129 329,830 Cardiac Catheterization procedures 15,823 14,930 14.257 12,675 "Inpatient admissions adjusted for equivalent hospital outpatient volume 819 701 383 55.0 139,815 28,042 51218 4.99 122.942 116,377 19,918 302,375 11.910

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