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Problem 4 San Diego Memorial Hospital has the following annual financial data and operational metrics: Number of beds 250 Total Inpatient admissions 12,250 Total outpatient

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Problem 4 San Diego Memorial Hospital has the following annual financial data and operational metrics: Number of beds 250 Total Inpatient admissions 12,250 Total outpatient visits 90,754 Total patient revenues $111,900,050 Outpatient mix 16.2% Medicare payment percentage (revenues) 28.0% Average length of stay 5.8 days Net price per discharge $7,653 Cost per discharge $6,292 a. What is the hospital's profit per discharge? b. What is the hospital's total Inpatient and total outpatient revenue? Hint: Apply patient mlx metrics to total revenues.) c. What are the hospital's total revenues from Medicare patients? d. What is the total number of Inpatient days? e. What is the hospital's occupancy rate? (Hint: The total number of available bed days for the year=the number of beds x 365 days.)

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