Question
Calculate the financial ratios and operating statistics and comment on the ratios andoperatingindicatorsthathaveincreasedordecreasedby10%ormore since 2019. Calculate and evaluate the compound growth rates for revenue, expense
Financial Ratios Benchmark 2019 2020 2021 2022 Total margin 4.4% Operating margin 3.8% Return on equity (ROE) 8.4% Return on assets (ROA) 4.5% Days in accounts receivable 56.1 Equity financing 57.5% Times interest earned 4.7 Total asset turnover 1.2 Current asset turnover 3.7 Fixed asset turnover 2.7 Operating Indicators Benchmark 2019 2020 2021 2022 Occupancy 60.1% Discharges per bed 36.2 ALOS 4.7 Medicare % discharges 40.5% Medicaid % discharges 5.6% Outpatient revenue % 58.4% Salaries per FTE $58,180 I/P FTEs per occupied bed 4.2 Salaries as % of total expense 41.8% Deductible ratio 63.7% Net price per discharge $11,054 Cost per discharge $10,162
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
12th edition
1259918947, 1260091908, 978-1259918940
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