Question
Please answer questions 1 through 7. Please make sure to show all of your work (calculations/ formulas). Assignments submitted without calculations/ formulas will receive a
Please answer questions 1 through 7. Please make sure to show all of your work (calculations/ formulas). Assignments submitted without calculations/ formulas will receive a zero grade. Please make sure to label your answers correctly (percent, dollars, etc.). Please answer ALL questions. You need to use your textbook for this assignment.
Brothers Medical Center is a 350-bed not-for-profit organization. In 2020, they had 68,250 inpatient days and 19,233 discharges. Brothers accounting system reported $87,740,000 of inpatient service revenue and $84,000,000 of inpatient costs, with an inpatient workforce of 1,168 FTEs. The total salaries in 2020 was $66,022,575.
- 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?
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