Morristown Medical Center is among the top ranked Hospitals for the Highest Revenue Per Day for Psychoses Hospitalizations within 25 miles of Morristown, NJ

Morristown Medical Center is among the top ranked Hospitals for the Highest Revenue Per Day for Psychoses Hospitalizations within 25 miles of Morristown, NJ. Dexur analyzed Jan 2016 to Dec 2018 Medicare claims data to rank hospitals by Revenue per Day for Psychoses Hospitalizations. Revenue per day is calculated by summing all Medicare revenue and dividing by the total patient days in the hospital. Optimizing for revenue per day can promote the triple aim of better care, better health, and lower cost. Since, revenue from Medicare is risk adjusted at the DRG level, fewer days in the hospital for a fixed DRG payment can lead to lower cost to the hospital (higher revenue per day) and better patient experience (fewer patient-days in hospital).

• Click here to see what DRGs are included in this condition

• Rankings were done for hospitals which are in Morristown, NJ within 25 miles