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CHAPTER 17: FINANCIAL CONDITION ANALYSIS Homework Problem 5.2 RIVERSIDE HOSPITAL OPERATING DATA OPERATING DATA Net inpatient revenue $118,449,000 Net outpatient revenue $128,650,000 Net patient service
CHAPTER 17: FINANCIAL CONDITION ANALYSIS Homework Problem 5.2 RIVERSIDE HOSPITAL OPERATING DATA OPERATING DATA Net inpatient revenue $118,449,000 Net outpatient revenue $128,650,000 Net patient service revenue $247.099,000 Inpatient operating expenses $116,265,050 Total salaries $117.914,830 Total discharges 21,475 Inpatient days 123,579 te licensed and stated beds 500 Total FTS 3,650 Inpatient FTES 1,725 Calculate the following ratios based upon the data For each ratio, provide a brief ra analysis and comparative analysis. above. Show Work Indicator Analysis Briefly explain what the indicator means Compare Riverside with peer group averages and explain how it did Comparative Analysis compared to other comparable hospitals. OPERATING INDICATOR ANALYSIS Heart Hospital Industry Average Profit per Discharge $73 indicator Analysis Comparative Analysis Net Price per Discharge $5,965 Indicator Analysis Comparative Analysis Outpatient Revenue 58.5% Indicator Analysis Comparative Analysis Occupancy Rate 56,696 Indicator Analysis Comparative Analysis Average Length of stay 4.7 Indicator Analysis Comparative Analysis Inpatient FTES per Occupied Bed 5.6 Indicator Analysis Comparative Analysis Salary per FTE $33,977 Indicator Analysis Comparative Analysis
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