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Please help to solve a., b., c., d., e., f., (YELLOW PARTS), veryyyyy IMPORTANT plz add EQUATION & FUNTIONS! Thx 1 NAME: 2 PROBLEM SET
Please help to solve a., b., c., d., e., f., (YELLOW PARTS), veryyyyy IMPORTANT plz add EQUATION & FUNTIONS! Thx
1 NAME: 2 PROBLEM SET 6 Chapter 13 Financial Condition Analysis 5 Assigned Problem 4 6 Palm Viewl Hospital has the following financial data and operational metrics: 7 Number of beds 350 8 Total inpatient admissions 12,250 Total outpatients visits 90,754 10 Total patient revenues siii 900,060 11 Outpatient mix 16.20% 12 Medicare payment percentage (revenues) 28.00% 13 Average length of stay (in days) 65 $7,653 14 Net price per discharge 15 Cost per discharge $6.292 16 17 a. Calculate the hospital's profit per discharge? 18 b. Calculate the hospital's total outpatient revenues and the total inpatient revenues? 19 (Hint: Use the outpatient mix metric.) 20 e. Verify your Part b answer for total inpatient revenues using volume and profitability metrics. 21 (Hint: Calculate price per discharge.) 22 d. What are the hospital's total revenues from Medicare patients? 23 e. On average, what is the total number of inpatient days? 24 What is then hospital's occupancy rate? 25 26 ANSWER 27 a. 28 Profit per discharge 29 b. If using the outpatient mix metric: 31 Total outpatient revenues 32 Total inpatient revenues 33 34 c. If using the volume and profitability metrics: 35 Total inpatient revenues 36 37 d. 38 Total revenues from Medicare patients 39 40 e 41 Total number of inpatient days 42 43 f. 44 Occupancy rate 45Step by Step Solution
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