Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 7.6 page 216 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

Problem 7.6 page 216 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 hospitals profit per discharge?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Finance A Survey

Authors: H. Kent Baker, Leigh A. Riddick

1st Edition

0199754659, 978-0199754656

More Books

Students also viewed these Finance questions

Question

2. Do you find change a. invigorating? b. stressful? _______

Answered: 1 week ago

Question

10. Are you a. a leader? b. a follower? _______

Answered: 1 week ago