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Using the information below, calculate the Days in Patient Accounts Receivable for XYZ Hospital. Revenue and expense amounts are annual amounts. Net patient accounts receivable
Using the information below, calculate the Days in Patient Accounts Receivable for XYZ Hospital. Revenue and expense amounts are annual amounts.
Net patient accounts receivable | $1,050,000 |
Other operating revenue | 350,000 |
Net patient revenue | 4,500,000 |
Total operating expenses | 3,250,000 |
XYZ Hospital has 575 licensed beds. In 2017, it had 151,000 inpatient days. What was the hospital's occupancy rate in 2017?
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A. 74%
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B. 68%
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C. 70%
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D. 72%
XYZ Hospital had 53,000 discharges and 150,000 inpatient days in 2017. What was the hospital's average length of stay in 2017?
- A.
2.83
- B.
2.75
- C.
0.35
- D.
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