Problem: Read the following, and then answer the questions: In 2017, a 30 bed nursing home had 8760 resident/inpatient days and 65 discharges. They also had an annual salary expense of $990,000 for 45 full-time employees.
Q1. What is the salary per compensated FTE?
Q2. What is the occupancy rate?
Q3. What is the average length of stay?