Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Shown below are the financial highlights for the full year 2019 of the Metro Pacific Hospital Group HOSPITALS CONTRIBUTION UP BY 12% TO P867M Robust
Shown below are the financial highlights for the full year 2019 of the Metro Pacific Hospital Group HOSPITALS CONTRIBUTION UP BY 12% TO P867M Robust growth in patient numbers In MAions of Pesos CONTRIBUTION TO MPIC 2019 2018 Metro Pacific Hospital Holdings 999 893 12% 12% increase in contribution from the Hospital Hospital admin and fair value adjustments 132) 122) 8% business was a function of: 867 771 12% Higher patient census across hospitals driven by high impact cases and new services offered STAND.ALONE PERFORMANCE 2019 2018 HOSPITALS (AGGREGATE Price adjustments in some hospitals Financial Highlights Revenues 28,802 25,655 12%% Core EBITDA 6.506 5.559 17% Core income 2.685 2.357 14% Reported income 2 683 2.363 14% Capital expend ture 4.040 3,756 8% Key Performance Indicators Total beds available 3.235 3,200 1% Average standard occupancy rate 71.5% $7.9% 5% No. of in-patients 201 194 4% No. of out-patients 3,687 3,323 11% Surprisingly, similar to other industry Metro Pacific Hospitals reported 98% dropped in Net Income from Php401M in the first half of 2019 to Php9M for the first half of 2020 . Sharp drop in the no. of patient admissions and outpatient census . 30% decrease in outpatient visits to 1,329,451 o 35% decline in inpatient admissions to 61,293 Significant increases in personnel costs and medical supplies such as personal protective equipment whic are heavily used to ensure stringent health and safety protocols for employees, healthcare practioners and patient. Based on the BSC pdf provided on the previous page and info provided, research, collaborate and design a balanced scorecard for Metro Pacific Hospital Inc
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started