Liquidity and Solvency Analysis Report for LifePoint Hospital

At the time of the IPO in ’69, HCA operated 11 hospitals throughout Tennessee and the neighboring states. With the backing of strong capital investments, HCA experienced rapid growth in just one year’s time and was operating 26 facilities with an aggregate of 3,000 hospital beds in its portfolio. This was achieved with diversity via mergers, acquisitions, and contractual agreements to manage non-HCA

I would now like to examine Wal-marts financial data. Wal-Mart’s revenue improved over these three years by $39,736 million which is a gross increase of 9.1%. Additionally the Cost of Sales climbed from

In terms of space and resources, all of these hospitals provide emergency care and acute care facilities. Both UCSD Medical Center and Sharp Healthcare equally engage Scripps Mercy in providing a diversity of medical facilities. Moreover, UCSD Medical Center and Sharp Healthcare are the major competitors in this distinct segment. Kaiser Permanent poses a moderate risk to Scripps Mercy Hospital, as it outsources significant services to other hospitals. Kaiser permanent is planning to grow in this segment as it has plans to expand by three more hospitals by the end of 2030. In the near future, Kaiser Permanente will ultimately become a major competitor for Scripps (Tu et al., 2013).

Operating expenses: I will not analyze every subsection, but will focus on important parts that paint a clear picture of why a gain or loss occurred in the revenue section. Advertising money spent between year 6 and 7 increased 37.5% or $8,940. While the increase in spending is a weakness, it is a strength because the company demonstrated positive growth during the same period; likely due to the advertising of new product. The only negative finding for the company during the analyzed period is the 37.5% increase in money spent to grow sales. The number seems rather large but the increase in money spent to advertise was under $10k and yielded an increase of $447k. Advertising clearly was a good invest

Gross Profit Rate: The average year on year increase in gross profit rate over the past 10 years was 19.85% (Annexure 2, Table). This indicator peaked in 1999 at 32.54% and gradually reduced over the past 6 years and ended at 11.83% for the 2005 financial year which is the lowest over the last 9 years. This is of major concern as it seams that the company can’t stop the deterioration in the gross profit rate.

We have over 100,000 lives which represents 90% of the entire Medi-Cal population. HealthNet has about 9%. If your practice is to grow, it is clear that HPSJ as the Local Initiative offers more opportunity for growth than any other plan whether is it HealthNet or an IPA like Prime. (I doubt that Health Net has 9000 lives in Stanislaus

Some of the significant changes I found on the income sheet were revenue which decreased by 8 million dollars in 2015 compared to 2014. SG&A expenses increased by .9% for the year. How-ever gross profit decreased by .3% in 2015. Also net income for the year decreased by -2.5% per-cent.

| There is a local hospital within the community. This hospital has an emergency room, intensive care unit, and an operating room. The hospital is best known for its cardiovascular services and the care they prove to heart patients. Attached to the hospital is an inpatient mental health facility and a clinic for family planning and people with low income that cannot afford vaccines or healthcare for their

After reviewing our income statement for the ended month of September, our revenues were greater than our expenses. For our revenues, our rent revenue totaled $2600; utilities revenue $36; miscellaneous revenue $3,498; and our gain on sale was $515. For our expenses, our rent expense was $1802; utilities expense $80; miscellaneous expense $880; depreciation expense $74.25; other expense $62; property tax expense $258; luxury tax expense $300; and federal income tax expense

In order to understand financial statements better, two healthcare organizations, one for-profit and the other non-profit, will be selected and their financial statement will be reviewed. The first healthcare organization that was selected was Adeptus Health, Inc. (Adeptus), a for-profit entity. Adeptus was founded in 2002, and currently serves communities in Colorado, Texas, and Arizona, with partnerships within Ohio and Louisiana (Adeptus, 2016). The company was founded to improve services within the emergency room (ER) setting by offering the community eighty-one free standing ERs and two ER facilities within a fully licensed hospital, as of the end of 2015 (Adeptus, 2016). Adeptus boasts being one of the best companies to work for in Texas in 2016, and has won the Press Ganey Guardian of Excellence Award for three consecutive years, since 2013, which is awarded to ERs that exceed patient satisfaction over the ninety-five percentile across the country (Adeptus, 2016). The company aspires to provide high-quality care that is patient-centered while being cost effective and supportive to their staff.

In terms of competition, Kansas City based Cerner is a major competitor. KLAS research provided a report, “Clinical Market Share 2013: More than Meaningful Use, “showing that Verona, Wisconsin based Epic has the most new hospitals (47) for the fifth year in a

Hawaii Health Systems Corporation has twelve facilities across five different islands with 1,275 licensed beds. It consists of five regions: East Hawaii, West Hawaii, Kauai, Maui and Oahu. HHSC is listed as the fourth largest health system in the country and the fourth largest on the islands, outside of Oahu (www.hhsc.org, 2014). In addition, it is the only provider of acute care on Maui and Lanai. In the West Hawaii Region, HHSC operates two facilities, Kona Community Hospital and Kohala Hospital. Kona Community Hospital, opened in 1914, operates a 94 bed acute care facility with a fully operational 24 hour Emergency Room. The East Hawaii region operates three facilities. The largest facility is located in Hilo, with Ka’u being a

Hospital AB and Health Center is a community based acute care general hospital. The hospital is proactive in seeking methods to identify and provide all sources of community benefit and charity care. The mission of the hospital as stated in administrative service manual policy 726 (2005) is “With caring and compassion, we will improve the health and quality of life of the people we service.” The purpose of existence of the hospital is the commitment to patients and community to first understand their needs, second to provide services that meet these needs; and third, the recognition that service and clinical excellence are only achieved if they are delivered with caring and compassion.

Saint Joseph's hospital was founded in 1880 by Sisters of Mercy and is Atlanta's oldest hospital. The hospital is located in northern Atlanta near the fairly affluent Sandy Springs area. The facility maintains 410 beds and 750 physicians (St. Joseph, 2012). The hospital languished with poor financial performance for a while due to lack of a stable customer base, even though cash reserves have always been strong (CHA, 2011). St Joseph looked for a buyer for some time but with no luck but that changed when Emory University hospitals bought a 51 percent share in 2011 (Atlanta Journal-Constitution, 2011). The Emory deal did not lead to a change in the hospitals Catholic affiliation (Catholic Health World, 2011).

One of the Florida’s largest hospitals is in Lakeland, Florida. Lakeland Regional Medical Center (LRMC) is a not-for-profit healthcare facility that is licensed for 851 beds and has served Lakeland and the surrounding communities for more than 80 years. LRMC is fully accredited by the Joint Commission on Accreditation of Healthcare Organizations. LRMC’s vision is creating the best healthcare experiences for each patient. “Lakeland Regional offers some of the most comprehensive and sophisticated care available, from early detection and education programs, to primary and specialized care” (LRMC2012). LRMC’s has a wide scope of specialized medical services such as the heart center,