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Below is a graphical display of a benchmarking analysis showing key profit ratios for Beaumont Health System alongside its main competitors and the national average.
Below is a graphical display of a benchmarking analysis showing key profit ratios for Beaumont Health System alongside its main competitors and the national average. Does this benchmarking analysis indicate that Beaumont Health System in a strong financial position?
a. no
b. only one of the margins suggests that Beaumont Health system is in a strong financial position.
c. yes
FIGURE:6 Operating and Total Profit Margins for Detroit Hospitals and Health Systems, FY2013 10% 8% 5% 5.8% 57% 41% 44% 42% 24% 2.2% 2% 0% -2% -4% -6% -8% 0.4% 0.0% -0.8% -3.4% -6.3% -10% -12% 9.4% St.John Beaumont Oakwood Botsford Detroit Henry Ford National Providence Health Healthcare Hospital Medical Health Benchmark Health System System Center System Operating Profit Margin Total Profit MarginStep by Step Solution
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