An HMO with 50,000 members had 13,024 inpatient service days for last month. What formula would you use to determine bed days per 1,000, and what was this HMO's rate for last month?
To determine the bed days per 1,000 members for the HMO, you can use the following formula:
Bed Days Per 1,000 = (Inpatient Service Days / Total Members) * 1,000
In this case, the given values are:
Inpatient Service Days = 13,024
Total Members = 50,000
Now, let's calculate the bed days per 1,000 for last month:
Bed Days Per 1,000 = (13,024 / 50,000) * 1,000
To calculate, you would divide 13,024 by 50,000 to get 0.26048, then multiply by 1,000 to get 260.48.
So, the bed days per 1,000 members for last month in this HMO was approximately 260.48.
Please note that the result is rounded to two decimal places for simplicity.