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Financial health of a hospital
The hospital I selected is the University
of Kansas Hospital. The hospital is a nonprofit academic medical center that is
located in Kansas, United States. It tends to be the regions鈥?only nationally
verified Level I Trauma Center. The hospital is normally affiliated with the
University of Kansas Medical Center that comprise of the schools of medicine,
allied health, and nursing the hospital does combine education Authentic
Will Hernandez Jersey , patient care, and research. The University
of Kansas has 623 staffed beds, and there are 298 920 outpatient visits, 47771
emergency department visits, and 27380 inpatient admissions. The hospital has
managed to receive several awards for its quality of services. The hospital is
considered as Kansa city鈥檚 best hospital, and it consistently earns national
recognition for the outstanding quality and safety of care. In 2009, the
hospital ranked in the top 50 for the Ear Authentic
Saquon Barkley Jersey , Nose, throat, heart, and heart surgery. In
2013-2014, the US News and World Reports America鈥檚 best hospital ranked the
university of Kansas hospital in top 12 for Neurology and neurosurgery,
pulmonary and critical care. The hospital tends to be of great significance to
the community in ensuring that the patients receive quality care. Below is a
financial analysis of the hospital aimed at showing how the company has been
performing financially. The current ratio is above 1 showing the ability of the
company to pay off its obligations. The day's cash on hand shows that the
company has enough resource to enable it to run for 109 days and provide normal
services. The average payment period indicates that on average the company takes
297 days to pay its creditors. Based on the operating margin ratio, it is
evident the hospital is making enough money to pay expenses; hence Patrick
Omameh Jersey , it is stable. Based on the financial calculations,
it shows that the hospital鈥檚 financials are good and the hospital is also
profitable.
Current ratio: 505,849,700207,691,969= 2.4356 above
Collection period ratio: 7156908(818,051 Kareem
Martin Jersey ,072365) = 3.19 above
Days cash on hand: 337,557,
283 (1145878000- 25637000) 365= 109.98 above
Average payment period ratio:
207,691,969 ((327,826,954- 72 Riley
Dixon Jersey , 857, 091)365) = 297. 32 above
Operating margins
ratio: (1,069,700,000 818,051,000) 脳 100% = 130. 76 % above
Total margin
ratio: 1 Curtis
Riley Jersey ,069,723,000 818,051,072 = 1.31% below
Return on
net assets: 1069723383 1777987159 脳 100% = 60.16 % above
Age of plant ratio:
72857091 1778000000=0.041 below
Total asset turnover ratio: 818051072
1777987159 = 0.46 below
Fixed asset turnover ratio: 818051072 1099500285=
0.7440 below
Current asset turnover ratio: 818051072 505849700 = 1.62 above
Cash flow to debt ratio: (1069723282+ 72857091) (711936612 + 16445271) =
1142580373 728381883= 1.5687 above
鈥?br > Reference
University of
Kansas Hospital (2016). The University of Kansas Hospital, From
KU med
financial report. (attached)
Sherry Roberts is the author of this paper. A senior editor at Melda Research in best essay services online if you need a similar paper you can place your order for a custom research paper from college research paper services.
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