Book: Introduction to the Financial Management of Healthcare Organizations 6th edition.

pictures of Bobcat IDS' Balance Statement and expenses are provided. Solve table III for financial and productivity ratios.

390 Case Study: Bobcat Integrated Delivery System TABLE III Selected Industry Financial & Productivity Ratios Benchmark for Your Region Financial Ratios Liquidity Ratios th He Current ratio Collection period ratio Days cash-on-hand, short-term sources Days cash-on-hand, all sources Capital Structure Ratios Net asset financing ratio Debt service coverage ratio Efficiency Ratios iv-E Total asset turnover ratio Age of plant ratio Fixed asset turnover ratio Current asset turnover ratio Inventory turnover ratio tag Medicare ledicaid Commercia MC-dis C-cap Bad Debt Charity Profitability Ratios Excess margin Operating margin Return on net assets Operating Indicators Length of stay Occupancy rate Productivity Ratios Cost per adjusted discharge Nursing Service $8,100 Nursing hours per adjusted discharge RNs as a percent of total nursing LPNs as a percent of total nursing Nursing salary expense per adjusted discharge 50.00 32.20 21.70 $313 TABLE 2010 Ch Per Disc Full-Time Equivalent Employees Per occupied bed Per bed 6.02b Total hours per adjusted discharge Compensation per discharge 3.31 85 $2,000 a reasonable benchmark for your region. Possible sources include Standard & Poor's, Moody's,Fitch. or Ingenix's Almanac of Hospital Financial and Operating Indicators. 70512 20102 1901 388 Case Study: Bobcat Integrated Delivery System Exp fits TABLE I Bobcat IDS Balance Sheet as of December 31, 2013: Assets Bene 8 Fees 201 Current Assets Other Su Cash and cash equivalents Marketable securities Accounts receivable less allowances Inventories at cost Other current assets $178,750 1,100,500 11,250,000 3.368,000 992.500 6,889.750 3,250,000 36,485,750 8,063,250 4:466.75 52,265,750 (18,080,750) 34,185,000 $51,074.750 Services s & Maintenan Total Current Assets Land and improvements Buildings Fixed equipment Moveable equipment eciation TOTAL EXPENSES Property, Plant & Equipment Less accumulated depreciation Total Property, Plant & Equipment TOTAL ASSETS Liabilities and Net Assets Current Liabilities Current portion of long-term debt Accounts payable & accrued expenses Estimated amounts due to third-party payers Other current liabilities $2,151,000 5.400,000 1,423.750 1.500.000 10,474.750 37.000,000 47,474.750 Total Current Liabilities Long-term debt, net of current portion TOTAL LIABILITIES Net Assets Unrestricted Temporarily restricted Permanently restricted 2,100,000 1,000,000 TOTAL NET ASSETS 3,600,000 $51,074.750 TOTAL LIABILITIES AND NET ASSETS Case Study: Bobcat Integrated Delivery System TABLE II Bobcat IDS Actual Expenses Through December 31, 2014 Wages, Taxes, Benefits $42,000,o00 2 Professional Fees & Commissions 3,000,000 4,000,00o 4,000,000 2,000,000 2,000,000 4,000,000 2,000,000 4,019,000 6,500,000 rugs Medical and Other Supplies Food Purchased Services ''Repairs & Maintenance Utilities Interest Depreciation TOTAL EXPENSES $73.519,0oo