What is ALOS and how is it calculated in the context of hospital revenue management?
Understand the Problem
The question discusses the Average Length of Stay (ALOS) and Average Revenue Per Occupied Bed (ARPOB) in a hospital context, explaining how to calculate total revenue based on occupancy and length of stay. It also includes examples and notes on improving occupancy and ARPOB.
Answer
ALOS = Total Patient Days / Discharges. It impacts hospital revenue and efficiency.
The Average Length of Stay (ALOS) is calculated by dividing the total number of days all patients spend in the hospital by the number of discharges. It is a key metric in hospital revenue management as it affects revenue generation and resource utilization.
Answer for screen readers
The Average Length of Stay (ALOS) is calculated by dividing the total number of days all patients spend in the hospital by the number of discharges. It is a key metric in hospital revenue management as it affects revenue generation and resource utilization.
More Information
ALOS is crucial for understanding bed occupancy rates and optimizing the hospital's financial performance. Lower ALOS can improve turnover rates but also requires balancing with quality care.
Tips
A common mistake is not excluding day cases or admissions that don't require overnight stays from the calculation.
Sources
- Average Length of Stay - Definitive Healthcare - definitivehc.com
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