Calculate each of the ratios & provide a ratio
analysis please & thank you!!
|
For each ratio, provide a brief ratio analysis, trend analysis and comparative analysis. |
|
| Indicator Analysis: | Briefly explain what the indicator means |
| Comparative Analysis | Compare WTRH 2017 with industry averages and explain how WTRH did compared to other comparable hospitals. |
Homework Answers
Answer.
1. Profit Per Discharge = Inpatient profit/ Total Discharges = 5150,000 (36,200,000 - 31,050,000)/5,925(given) = 869
2. Net Price per discharge = Net inpatient revenue/Total Discharges = 36,200,000/5,925 = 6,109
3. Outpatient Revenue % = Net Outpatient revenue/Net patient service revenue = 67,850,000/104050,000 = 65.21%
4. Occupancy Rate = Inpatient days/# licensed beds x calendar days = 34,575/73,000 (200 x 365) = 47.36%
5. Average length of stay = Inpatient days/total discharges = 34,575/5925 = 5.8
6. Inpatient FTEs per occupied bed = Inpatient FTEs/ Average daily census = 575/95 = 6.05
7. Salary per FTE = Total Salaries/Total FTEs = 31,050,000/1025 = 30,2927
Add Answer to:
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