Question
Discovery Health Center is a 450-bed not-for-profit organization. In 2022, they had 79,250 inpatient days and 20,233 discharges. Discovery Health Center's accounting system reported $88,740,000
Discovery Health Center is a 450-bed not-for-profit organization. In 2022, they had 79,250 inpatient days and 20,233 discharges. Discovery Health Center's accounting system reported $88,740,000 of inpatient service revenue and $84,000,000 of inpatient costs, with an inpatient workforce of 1,368 FTEs. The total salaries in 2022 was $76,022,575.
1. What is the medical centers occupancy rate? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17
2. What is the medical centers average length of stay? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?
3. What is the medical centers average daily census?
4. What is the medical centers profit per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?
5. What is the medical centers inpatient FTEs per occupied bed? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?
6. What is the medical centers salary per FTE? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?
7. What is the medical centers net price per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?
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