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.
Operating margin
2008: 2 percent
2011: 2.5 percent
Operating cash flow margin
2008: 8.8 percent
2011: 9.3 percent
Debt-to-cash flow
2008: 3.7x
2011: 3.5x
Maximum annual debt service coverage
2008: 3.8x
2011: 4.2x
Days cash on hand
2008: 145.9
2011: 165
Cash-to-debt ratio
2008: 104.2 percent
2011: 117.7 percent
3-year operating revenue compound annual growth rate
2008: 7.3 percent
2011: 5.4 percent
More Articles on Hospital Financial Metrics:
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