The Valley Hospital measures the in-patient occupancy of the hospital by determining the number of patient days

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The Valley Hospital measures the in-patient occupancy of the hospital by determining the number of patient days divided by the number of available bed days in the hospital for a time period. The following in-patient data are available for the months of April, May, and June:

                                                                   April                 May               June

Admitted patients……………............……..…1,440………1,860…………2,250

Average length of stay per patient…4.0 days……3.5 days……...3.0 days

The hospital has 200 rooms. One hundred rooms are private and have a single bed per room.

The other hundred rooms are semi-private with two beds per room.

A. Determine the number of in-patient days for each month.

B. Determine the available bed days rate for each month.

C. Determine the occupancy rate for each month.

D. Interpret the results in (C).

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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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