To calculate Total Expense per patient, what is the required formula?

The formula to calculate Total Expense per patient is derived from dividing the total expenses incurred during a certain period by the total number of patients treated during that same period. This metric provides insight into how much is being spent on average for each patient, which is crucial for financial analysis and management in healthcare settings.

Using total expenses allows organizations to gauge the efficiency of their operations and to identify potential areas for cost-saving measures. This average expense per patient can also help in budgeting, pricing services, and evaluating the financial health of the institution.

The other options presented do not represent the correct calculation for Total Expense per patient. Total income divided by the number of patients would yield an average revenue per patient rather than expenses, while dividing the number of patients by total charges does not relate to expense calculation at all. Finally, total revenue divided by operational costs does not give insight into per patient expenses but rather indicates overall financial performance ratios. Thus, the choice of total expenses divided by number of patients accurately reflects the desired metric.