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List three or more financial strengths of this hospital. Make a statement and then justify it with ratios and info from the financial statements. Cases
List three or more financial strengths of this hospital. Make a statement and then justify it with ratios and info from the financial statements.
Cases in Healthcare Finance 2005 2006 2007 2008 2009 1.1 ity ts Revenues ns rs) Net patient service revenue $25.661 $27236 $28.796 $30.576 $34.582 1.305 1261 1.237 1853 1.834 Other revenue $26.966 $28.497 $30.033 $32.429 $36.416 Total revenues Expenses Salaries and wages Fringe benefits Interest expense Depreciation Provision for bad debts Professional liability Other $10.829 $11.135 $12.245 $12.468 $13.994 1.496 1.731 1.830 2.408 2.568 1.341 1.305 1.181 1.598 1.776 1.708 1.977 2.350 2.658 2.778 0.546 0.589 0.622 0.655 0.776 0.102 0.157 0.140 0.201 0.218 7874 8.389 9.03610.339 11.848 $23896 $25.283 $27404 $30.327 $33.958 Total expenses Excess of revenues over expenses $ 3.070 $ 3.214$2.629 $ 2.102 $ 2.458Step by Step Solution
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