Sarasotsa: The 2018 bad debt percentage was: 3.83%

The 2017 bad debt percentage was: 4.41%

AHD national average: The 2015 bad debt percentage was 2.02%

Sarasota is a not for profit hospital that is a member of a multihospital system. It has 829 beds and is a high-volume hospital. Its average daily census, beds in service, percent occupancy, patient days, admissions, adjusted admissions, emergency room visitations and registration, surgery cases, radiology procedures and cardiac catheterization procedures have increased drastically from year 2017 to 2018. Sarasota bad debt percentages in both years are almost doubled total AHD national average of 2015 in areas of teaching and non-teaching hospitals, profit and nonprofit hospitals, low-volume hospitals, both Medicare and non-Medicare dependent hospitals, rural and non-rural referral centers, both sole and non-sole community hospitals and all total facility beds combined. It is possible to suggest that the high percentage could contribute to the number of patients that are uninsured which adds to the total bad debt percentage. Uninsured patients who cannot afford payments for services means organizations will have more revenue write offs to counteract this measure, and in turn will equate to higher bad debt percentage.. ):.Sarasota is planning on opening another hospital in the community. It will be have 90 acute care beds, 20 observation beds and a 28 bed emergency care center. How will the opening of another institution affect the financial position of the existing facility, in terms of revenues and expenses and in contract negotiations.