Grady Memorial Hospital witnesses a 43.33% Increase in Revenue per Day from Q3 2016 to Q3 2019



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By: Barsha Nandy  Mar. 27, 2020

Dexur’s analysis of the Medicare Claims data from Q3 2016 to Q3 2019 reveals that Grady Memorial Hospital and Medical Center saw an increase of 43.33% in its revenue per day from Q3 2016 to Q3 2019. During this period, the revenue rose to $3,635 in Q3 2019 from $2,536 in Q3 2016. Located in Atlanta, GA, the hospital registered a higher revenue per day than national and state averages. In Q3 2019, Georgia’s revenue per day was $2,115, whereas the national average stood at $2,365.

Grady Memorial Hospital recorded a 72.71% higher revenue than the state numbers. Nationally, the hospital registered a 54.46% higher revenue per day. The hospital saw an increase of 4.77% from $2,536 in Q3 2016 to $2,657 Q3 2017. For the consecutive year, the revenue per day grew slowly at 5.19% from $2,657 in Q3 2017 to $2,795 in Q3 2018. The revenue per day saw a surge from $2,795 Q3 2018 to $3,635 Q3 2019, with a 30.69% increase. The graph below shows the revenue per day of Grady Memorial Hospital, Georgia, and the U.S. from Q3 2016 to Q3 2019.

In Q3 2019, Grady Memorial Hospital’s total medicare payment stood at $24,329,342 from 1,204 hospitalizations at $20,207 payment per hospitalization. The hospital’s payment per hospitalization was 85.47% higher than the state average of $10,895 and 70.66% more than the national average of $11,840. A large amount of Medicare payments were derived from non-surgical patients. The total Medicare payments for 996 non-surgical patients was $16,468,718, with a payment per hospitalization of $16,534. 208 surgical patients surmounted to Medicare payments of $7,860,624, with payment per hospitalization of $37,791.

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Dexur Pro Members get access to all inpatient data of total hospitalization, total hospitalization after exclusion, total users, total Medicare payments, payment per day, payment per hospitalization, total medicare charges, and average charges of Grady Memorial Hospital for Q3 of 2019 for the following: