Healthy Medical Center OPERATING DATA Net inpatient revenue Net outpatient revenue Net patient service revenue Inpatient operating expenses Total salaries Total discharges Inpatient days # licensed and staffed beds Total FTES Inpatient FTES $40,902,330 $26,150,670 $67,053,000 $39,675,260 $18,964,670 7,498 34,491 163 496 292 Calculate the following ratios based upon the data above

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter2: Descriptive Statistics
Section: Chapter Questions
Problem 21P: Return to the waiting times given for the physicians office in Problem 19. a. Considering only...
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CHAPTER 17: FINANCIAL CONDITION ANALYSIS
Homework Problem 5.2
Healthy Medical Center
OPERATING DATA
Net inpatient revenue
Net outpatient revenue
Net patient service revenue
Inpatient operating expenses
Total salaries
Total discharges
Inpatient days
# licensed and staffed beds
Total FTES
Inpatient FTES
OPERATING INDICATOR ANALYSIS
Calculate the following ratios based upon the data above
Profit per Discharge
Net Price per Discharge
Outpatient Revenue %
Occupancy Rate
Average Length of Stay
Inpatient FTES per Occupied Bed
$40,902,330
$26,150,670
$67,053,000
$39,675,260
$18,964,670
Salary per FTE
7,498
34,491
163
496
292
Healthy Medical
Center
Industry Average
$73
$5,965
58.5%
56.6%
4.7
5.6
$33,977
For each ratio, provide a brief ratio analysis and comparative analysis.
Indicator Analysis:
Briefly explain what the indicator means
Comparative Analysis
Indicator Analysis
Comparative Analysis
Indicator Analysis
Comparative Analysis
Indicator Analysis
Comparative Analysis
Indicator Analysis
Comparative Analysis
Indicator Analysis
Comparative Analysis
Indicator Analysis
Comparative Analysis
Indicator Analysis
Comparative Analysis
Compare The Heart Hospital with peer group averages and explain how it did
compared to other comparable hospitals.
Transcribed Image Text:CHAPTER 17: FINANCIAL CONDITION ANALYSIS Homework Problem 5.2 Healthy Medical Center OPERATING DATA Net inpatient revenue Net outpatient revenue Net patient service revenue Inpatient operating expenses Total salaries Total discharges Inpatient days # licensed and staffed beds Total FTES Inpatient FTES OPERATING INDICATOR ANALYSIS Calculate the following ratios based upon the data above Profit per Discharge Net Price per Discharge Outpatient Revenue % Occupancy Rate Average Length of Stay Inpatient FTES per Occupied Bed $40,902,330 $26,150,670 $67,053,000 $39,675,260 $18,964,670 Salary per FTE 7,498 34,491 163 496 292 Healthy Medical Center Industry Average $73 $5,965 58.5% 56.6% 4.7 5.6 $33,977 For each ratio, provide a brief ratio analysis and comparative analysis. Indicator Analysis: Briefly explain what the indicator means Comparative Analysis Indicator Analysis Comparative Analysis Indicator Analysis Comparative Analysis Indicator Analysis Comparative Analysis Indicator Analysis Comparative Analysis Indicator Analysis Comparative Analysis Indicator Analysis Comparative Analysis Indicator Analysis Comparative Analysis Compare The Heart Hospital with peer group averages and explain how it did compared to other comparable hospitals.
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