Using financial ratio analysis to compare hospitals' performance.

G. Marc Choate · Ken-ich Tanaka

13 citations0/0 files storedPubMed

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Financial Analysis and Corporate Governance Healthcare Policy and Management Healthcare Quality and Management

Abstract

Financial ratio analysis allows a hospital to evaluate its own performance over time and to compare itself with other hospitals. Through reclassification procedures, potential distortions are reduced, and administrative decisions can be based on more reliable rations. Step 1 reclassifies financial statements for analysis, step 2 computes and explains ratios, and step 3 combines ratios into patterns for interpretations. Step 4 describes the 209-hospital sample, step 5 compares three individual hospitals' ratios to industry ratios, and step 6 discusses behavior of two hospitals' ratios and industry ratios over time.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 13 citations exist upstream.

Cited by

1985Independent versus system-affiliated hospitals: a comparative analysis of financial performance, cost, and productivity.2023Üniversite Hastanesi Finansal Performansının Oran Analiziyle Değerlendirilmesi

Imported from OpenAlex (CC0) — nothing here is generated.