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?

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To determine the bed days per 1,000 members for last month, you would use the following formula:

Bed Days per 1,000 = (Inpatient Service Days / Total Members) * 1,000

Now let's calculate the HMO's rate for last month using this formula:

Total Members = 50,000
Inpatient Service Days = 13,024

Plugging these values into the formula:

Bed Days per 1,000 = (13,024 / 50,000) * 1,000

Calculating:

Bed Days per 1,000 = 0.26048 * 1,000

Bed Days per 1,000 = 260.48

Therefore, the HMO's rate for last month was 260.48 bed days per 1,000 members.