Cash Flow
What was the percent decrease in total cash from 2016–2017?
40.18% decrease
What was the current ratio in 2017?
2.67
How much did revenue deductions increase?
173% increase
What is the effect of selling $2M land on ROE?
ROE rises to 5.64%
Which payers pose risk?
Medicare, Medicaid and managed care
What does the decline in cash indicate?
weakening liquidity
How much did the current ratio decline?
32% decline
How much did profit per discharge decline?
72% decline
What is the percent decrease in equity under 48% debt?
6.1% decrease
What is the major competitive threat?
for-profit national chain
What does declining operational cash suggest?
operations alone were not enough
How much did outpatient visits increase?
8.5% increase
How much did current liabilities increase?
77% increase
What is the ROE increase from raising debt?
13.7% improvement
What is the key regulatory requirement?
Joint Commission accreditation
How much did days cash fall?
53% decline
How much did LOS decrease?
10% reduction
What does declining current ratio show?
weaker liquidity
What is the net income increase under lean management?
28.7% increase.
What outpatient action is needed?
reduce outpatient expenses
How does days cash compare to the benchmark?
still over twice the benchmark
How does LOS compare to industry?
35% shorter
What cost issue exists?
higher expenses per visit
What is the required margin for 10% ROE?
8.81%
What does case teach?
financial conditions change quickly