The GEO Group (FRA:GEG) Occupancy Rate % : 0.00% (As of . 20)

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What is The GEO Group Occupancy Rate %?

Occupancy Rate % shows the actual utilization of an inpatient health facility for a given time period.

The historical rank and industry rank for The GEO Group's Occupancy Rate % or its related term are showing as below:

FRA:GEG's Occupancy Rate % is not ranked ^*
in the Business Services industry.
Industry Median:
* Ranked among companies with meaningful Occupancy Rate % only.

The GEO Group Occupancy Rate % Historical Data

The historical data trend for The GEO Group's Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The GEO Group Occupancy Rate % Chart

The GEO Group (FRA:GEG) Occupancy Rate % Calculation

To calculate Occupancy Rate %, we use inpatient days of care and bed days available. Inpatient days of care is the sum of each daily inpatient census for the year. Bed days available is the maximum number of inpatient days of care that would have been provided if all beds were filled during the year. The formula is:

Occupancy Rate %

( Inpatient Days of Care

Bed Days Available )

100 %

The GEO Group (FRA:GEG) Occupancy Rate % Explanation

Occupancy Rate % is a calculation used to show the actual utilization of an inpatient health facility for a given time period. The occupancy rate reflects the degree to which hospital beds have been utilized even though the number of beds may have changed during the reporting period.

The average occupancy rate of community (that is, non-Federal, short-term general) hospitals is about 76%. We can recognize a hospital with a too-low occupancy rate as inefficient; such a hospital may find it hard to meet its profit goals. However, a constantly high occupancy rate may not be a good sign, either. Very high occupancy rates may reflect that the hospital is under great pressure from medical and labor sources. Thus, a reasonable occupancy rate is more acceptable than a high one.

The GEO Group Occupancy Rate % Related Terms

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The GEO Group (FRA:GEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The GEO Group Inc (FRA:GEG) » Definitions » Occupancy Rate %

Comparable Companies

Traded in Other Exchanges

GEO:USA GEO1:Mexico

Address

4955 Technology Way, Boca Raton, FL, USA, 33431

Website

https://www.geogroup.com

The GEO Group Inc specializes in detention facilities and community-reentry centers. It operates in four segments: U.S. Secure Services, which primarily encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.