Sacramento Memorial Hospital has the following financial data and operational metrics from last year:
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
What is the hospital’s profit per discharge? What does this tell us? 2 points
What is the hospital’s total inpatient revenue (HINT: apply patient mix metrics to total revenues). What does this tell us? 2 points
What is the hospital’s total revenue from Medicare patients? What does this tell us? 2 points
What is the total number of inpatient days? What does this tell us? 2 points
What is the hospital’s occupancy rate? What does this tell us? 2 points