question archive Sacramento Memorial Hospital has the following financial data and operational metrics: Number of beds 250 Total inpatient admissions 12,250 Total outpatient admissions 90,754 Total outpatient revenues $111,900,050 Outpatient mix 16
Sacramento Memorial Hospital has the following financial data and operational metrics: Number of beds 250 Total inpatient admissions 12,250 Total outpatient admissions 90,754 Total outpatient revenues $111,900,050 Outpatient mix 16
Subject:FinancePrice: Bought3
Sacramento Memorial Hospital has the following financial data and operational metrics:
| Number of beds | 250 |
| Total inpatient admissions | 12,250 |
| Total outpatient admissions | 90,754 |
| Total outpatient 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 hospital\'s profit per discharge?
b.) What is the hospital\'s 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 hospital\'s total revenues from Medicare patients?
e.) What is the total number of inpatient days?
