In: Statistics and Probability
Conroe Regional Medical Center has the following yearly statistics for 20XX (non-leap year). Use the following data to perform the calculations (in excel sheet) outlined below:
Adults and Children | Inpatient Service Days | Bed Count |
January 1st–June 30th | 15,637 | 192 |
July 1st–December 31st | 32,678 | 168 |
December 31st only | 136 | 200 |
Newborns | ||
January–December | 952 | 55 |
The calculated values for Inpatient occupancy rate are as below:
Inpatient occupancy rate = Inpatient Service Days/(Bed count*No.of days)
Adults and Children | Inpatient Service Days | Bed Count | Inpatient occupancy rate |
January 1st–June 30th | 15,637 | 192 | 0.2231 |
July 1st–December 31st | 32,678 | 168 | 0.5329 |
December 31st only | 136 | 200 | 0.0019 |
Interpretation of the Inpatient occupancy rate:
The occupancy rate shows what percentage of the beds were occupied in a given time period.So, In the first half on an average 22% of the beds were occupied, while approximately 53% beds were occupied in the second half of the year. The occupancy rate in first half was 0.2231(0r 22.21 %), while in the second half it was 0.5329 (53.29%), which indicates that occupancy rate was very low in first half and increased more than 150% in the next half of the year. Also, on the last day of the year, it was very low.
The calculation in excel(with the formula used) is shown below: