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Use this as a template for the written assignment.Select any of the hospital financial audits. Search the audits to find this information. Table 1: Analysis

Use this as a template for the written assignment.Select any of the hospital financial audits. Search the audits to find this information.

Table 1: Analysis of (Name) Hospital Audited Financial Statements 2021-2020

Audit Data Element Benchmark Measure 2021 Results 2020 Results U.S. Median

Return on Equity

Excess revenue over expenses/net assets

8.5

Total Margin

Excess revenue over expenses/operating revenue + non- operating expenses

5.0

Revenue Growth

(Operating revenue current year - operating revenue prior year)/operating revenue prior year

----- 5.4

Days cash on hand

(Cash and cash equivalents + long-term investments)/[(Total expenses-depreciation)/365]

33

Days in accounts receivable

Net accounts receivable/(Net patient revenue/365)

53

Average age of plant

Accumulated depreciation/Depreciation expense

11.1

Long-term debt/equity%

Long-term debt/net assets

15.0

Debt financing%

(Total assets - Net assets)/Total assets

42.1

Cash flow to total debt %

(Net income + Depreciation0/total liability

10.5

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