Question
Sacramento Memorial Hospital has the following financial data and operational metrics: Number of beds--> 250 Total inpatient stays--> 12,250 Total outpatient visits--> 90,754 Total patient
Sacramento Memorial Hospital has the following financial data and operational metrics:
Number of beds--> 250
Total inpatient stays--> 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 outpatient revenue?
c) Verify your Part B answer for total inpatient revenue using volume and profitability metrics.
d) What are the hospital's total revenues from Medicare patients?
e) What is the total number of inpatient stays?
f) What is the hospital's occupancy rate?
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