Question
Cleburne Memorial Hospitals inpatient days for 2020= 191,625 and its number of licensed beds= 700. The industry average occupancy rate= 54%. Was Cleburne Memorial Hospital
Cleburne Memorial Hospitals inpatient days for 2020= 191,625 and its number of licensed beds= 700. The industry average occupancy rate= 54%. Was Cleburne Memorial Hospital efficient in using its inpatient fixed assets in 2020?
Group of answer choices
No, Cleburne Memorial Hospital had a lower occupancy rate (45%) than the average hospital (54%).
Yes, Cleburne Memorial Hospital had a higher occupancy rate (95%) than the average hospital (54%).
Yes, Cleburne Memorial Hospital had a higher occupancy rate (75%) than the average hospital (54%).
No, Cleburne Memorial Hospital had a lower occupancy rate (25%) than the average hospital (54%).
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