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Sunshine Medical Center is a 350-bed not-for-profit organization

Accounting

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Sunshine Medical Center is a 350-bed not-for-profit organization. In 2020, they had 69,250 inpatient days and 19,233 discharges. Sunshine's accounting system reported $88,740,000 of inpatient service revenue and $84,000,000 of inpatient costs, with an inpatient workforce of 1,368 FTE's. The total salaries in 2020 was $66,022,575.

 

1. What is the medical centers occupancy rate as a percentage? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?

 

2. What is the medical centers average length of stay? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?

 

3. What is the medical centers average daily census?

 

4. What is the medical centers profit per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?

 

5. What is the medical centers inpatient FTE's per occupied bed? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?

 

6. What is the medical centers salary per FTE? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?

 

7. What is the medical centers net price per discharge? From a financial perspective, is this favorable or unfavorable compared to the peer group average found in chapter 17 of your textbook and why?

You need to use your textbook for this assignment.