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 last month, you would use the following formula:
Bed Days per 1,000 members = (Total inpatient service days / Total number of members) * 1,000
Now let's calculate the bed days per 1,000 using the given values:
Total inpatient service days = 13,024
Total number of members = 50,000
Bed Days per 1,000 members = (13,024 / 50,000) * 1,000
To calculate this, we divide the total inpatient service days (13,024) by the total number of members (50,000) and multiply the result by 1,000.
Bed Days per 1,000 members = (0.26048) * 1,000 ≈ 261.
So, the HMO's rate for last month was approximately 261 bed days per 1,000 members.