14 Statistics on Hospital Operating Ratios
Even though non-profit hospitals have faced rising charity care costs and a generally tough operating atmosphere over the past several years, hospitals are still reporting strong operating and leverage ratios.
In 2011, several metrics such as days cash on hand and operating margins reached four-year highs, although Moody's predicts this year will be a down year for many non-profit hospitals.
Here are 14 statistics on non-profit hospital operating and leverage ratios, comparing 2008 with 2011. Note: Median data is based on Moody's-rated hospitals only.
2008: 2 percent
2011: 2.5 percent
Operating cash flow margin
2008: 8.8 percent
2011: 9.3 percent
Maximum annual debt service coverage
Days cash on hand
2008: 104.2 percent
2011: 117.7 percent
3-year operating revenue compound annual growth rate
2008: 7.3 percent
2011: 5.4 percent
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