Question
A. Memorial Medical Center Saint Medical Center Net from operations $30,364,497 $35,212,080 Total operating revenue $317,083,824 $577,114,094 Operating Margin Ratio 9.58% 6.10% Q1. Which hospital(s)
A.
Memorial Medical Center
Saint Medical Center
Net from operations
$30,364,497
$35,212,080
Total operating revenue
$317,083,824
$577,114,094
Operating Margin Ratio
9.58%
6.10%
Q1. Which hospital(s) operated at a profit?
a.Memorial,b. Saint, c. both,d. neither
Q2. Based on the operating margin ratio, which hospital generated a higher profit for each dollar of revenue?
a.Memorial, b. Saint, c. These two hospitals generated equal amount of profit for each dollar of revenue
B.
Memorial Medical Center
Saint Medical Center
Gross inpatient revenue
$737,807,379
$1,073,824,441
Gross outpatient revenue
$451,072,264
$1,077,300,638
Patient (Census) days
46,804
70,335
Outpatient visits incl. ER visits)
193,695
505,457
Gross inpatient revenue per day
$15,764
$15,267
Gross outpatient revenue per visit
$2,329
$2,131
Q3. Based on the Gross inpatient revenue per day, which hospital charged more per inpatient day?a. Memorial,b. Saint, c. These two hospitals charged same amount
Q4. Based on the Gross outpatient revenue per visit, which hospital charged more per inpatient day?a. Memorial,b. Saint, c. These two hospitals charged same amount
C.
Memorial Medical Center
Saint Medical Center
Revenue
% of Total
Revenue
% of Total
Daily hospital services
$278,050,033
23.39%
$289,411,217
13.45%
Ambulatory services
$109,756,233
9.23%
$198,557,182
9.23%
Ancillary services
$801,073,377
67.38%
$1,663,156,680
77.32%
Total gross patient revenue
$1,188,879,643
100.00%
$2,151,125,079
100%
Q5. In the case of Memorial medical center, the proportionally highest amount of revenue was generated by which revenue center?a. Daily hospital services, b. Ambulatory services, c. Ancillary services
Q6. In the case of Saint medical center, the proportionally highest amount of revenue was generated by which revenue center?a. Daily hospital services, b. Ambulatory services, c. Ancillary services
D.
Memorial Medical Center
Saint Medical Center
Expense
% of Total
Expense
% of Total
Salaries and wages
$92,737,492
32.34%
$164,783,815
30.41%
Employee benefits
$39,045,160
13.62%
$70,242,187
12.96%
Supplies
$49,881,746
17.40%
$87,082,204
16.07%
Purchased services
$41,574,211
14.50%
$122,307,943
22.57%
Q7. Which classification did Memorial Medical Center spend the most on?a. Salaries and wages, b. Employee benefits, c. Supplies, d. Purchased services
Q8. Which classification did Saint Medical Center spend the most on?a. Salaries and wages, b. Employee benefits, c. Supplies, d. Purchased services
E.
Memorial Medical Center
Saint Medical Center
Patient days(census)
% of Total
Patient days(census)
% of Total
Medicare
25,966
55.48%
37,812
53.76%
Medi-Cal
3,402
7.27%
11,200
15.92%
Third party
16,970
36.26%
20,284
28.84%
Q9. For memorial medical center, which payer had the most patient days?a. Medicare, b. Medi-Cal, c. Third party
Q10. For Saint medical center, which payer had the most patient days?a. Medicare, b. Medi-Cal, c. Third party
F.
Memorial Medical Center
Saint Medical Center
Net patient revenue
% of Total
Net patient revenue
% of Total
Medicare
$142,287,930
45.24%
$203,129,840
35.77%
Medi-Cal
$15,346,233
4.88%
$45,089,529
7.94%
Third party
$155,887,157
49.57%
$317,567,710
55.92%
Q11. For memorial medical center, which payer had provided the highest net patient revenue?a. Medicare, b. Medi-Cal, c. Third party
Q12. For saint medical center, which payer had provided the highest net patient revenue?a. Medicare, b. Medi-Cal, c. Third party
G.
Memorial Medical Center
Saint Medical Center
Total current assets
$479,295,047
$67,333,864
Total current liabilities
$38,418,679
$63,312,636
Current ratio
12.48
1.06
Q13. Based on the current ratio, which hospital is more liquid?
a.Memorial,b. Saint, c. These two hospitals are equally liquid
H.
Memorial Medical Center
Saint Medical Center
Total liabilities
$52,519,959
$414,098,118
Equity (Fund Balance)
$522,520,464
$452,651,526
Liability to Equity ratio
0.10
0.91
Q14. Based on the liabilities to equity (fund balance), which hospital is more solvent?
a.Memorial,b. Saint, c. These two hospitals are equally solvent
I.
Memorial Medical Center
Saint Medical Center
Total charity care
$7,281,477
$21,431,916
Total gross patient revenue
$1,188,879,643
$2,151,125,079
Charity care to gross revenue ratio
0.0061
0.0100
Q15. Which hospital provided proportionally more charity care (as a percent of gross patient revenue)?
a.Memorial, b. Saint, c. These two hospitals are provided equal portions
J.
Memorial Medical Center
Saint Medical Center
Provision for bad debt
$5,001,363
$7,827,649
Total gross patient revenue
$1,188,879,643
$2,151,125,079
Bad debt to gross revenue
0.0042
0.0036
Q15. Which hospital faced a greater amount of bad debt (as a percent of gross patient revenue)?
a.Memorial, b. Saint, c. These two hospitals faced equal portions of bad debt
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