Ratio Analysis. Avon Community Hospital, a small 95-bed hospital, is located in a large metropolitan area and

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Ratio Analysis. Avon Community Hospital, a small 95-bed hospital, is located in a large metropolitan area and competes with several large teaching facilities as well as other community hospitals. During the past year, one of the large teaching hospitals decided to sponsor a Medicaid and Medicare HMO. As a result Avon has experienced a decline in its government payer mix. Assess Avon’s profitability, liquidity, activity, and capital structure ratios. Using the financial ratios from Exhibit 4–26 for the current and previous years, evaluate Avon’s financial condition.

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Financial Management Of Health Care Organizations

ISBN: 9780631230984

2nd Edition

Authors: William N. Zelman, Michael J. McCue, Alan R. Millikan, Noah D. Glick

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