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Sacramento Memorial Hospital has the following financial data and operational metrics: Number of beds 250 Total inpatient admissions 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 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?

b. What is the hospitals total inpatient and total outpatient revenue? (Hint: Apply patient mix metrics to total revenues.)

c. Verify your Part b answer for total inpatient revenue using volume and profitability metrics. (Hint: Calculate price per discharge.)

d. What are the hospitals total revenues from Medicare patients?

e. What is the total number of inpatient days?

f. What is the hospitals occupancy rate?

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