Hospital Comparative Analysis Brief Purpose: Demonstrate analytical skills using
ID: 368683 • Letter: H
Question
Hospital Comparative Analysis Brief
Purpose: Demonstrate analytical skills using a publicly available data source;
Demonstrate ability to write clearly and concisely for an executive level audience.
Assignment: In this assignment, you are the newly hired health planner for one of these two hospitals (you pick). Your CEO has asked you to compare and contrast the two hospitals. You have at your disposal the information and tools contained within the California Healthcare Atlas (http://gis.oshpd.ca.gov/atlas/)
In 250 words or less, write an executive brief that compares these two hospitals. How are they similar? How are they different? Are they competitors for similar patient populations? A minimum of 2 references should be used and cited.
Remember – you are writing for the CEO.
Palomar Health: http://www.pph.org
Tri-City Medical Center : http://www.tricitymed.org
Explanation / Answer
The Tri-City Medical center has a revenue of $9,678 which is reported per adj. patient day. By contrast, Palomar health has a revenue of $7,970 (reported per adj. patient per day). The in-patient reimbursement rates for all payers at Palomar are 24.2% as compared to Tri-City which is 22.3%. Palomar hospital is making money but Tri-City Medical Center is losing money every quarter. Palomar Health specializes in bariatric surgery whereas Tri-City is good at cancer treatment. Tri-City is also good for heart surgery and care. The adjusted patient days at Palomar are 40,837 whereas at Tri-City it is 27,619. The total outpatient visits at Tri-City Medical Center is 45,518 whereas, at Palomar, it is 52,198. Both offer classes about wellness.
The gross in-patient revenue at Tri-City Medical Center is $369 million in the first quarter of 2017. The revenue for Palomar for the corresponding period is $479 million. Clearly, Palomar is doing better on most of the parameters.
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