University of Maryland Medical Center has presented the following financial and

Question

University of Maryland Medical Center has presented the following financial and operational information.  Use the below information for University of Maryland 1, 2, 3, 4 and 5

Calculate the profit per discharge for the Medical Center.

What are the total revenues from Medicare patients for the Medical Center?

What is the total number of inpatient days for the Medical Center?

What is the Medical Center occupancy rate?

Number of beds 500 Total inpatient admissions 16,823 Total outpatient visits 147,352 Total patient revenues $244,862,010 Outpatient mix 27.00% Medicare payment percentage (revenues) 38.00% Average length of stay 5.8 days Net price per discharge $7,653 Cost per discharge $6,292

Explanation / Answer

) What is the total number of inpatient days?

Total inpatient days is the number of admission*average length of stay= 16,823*5.8 = 97573.4days

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