Interpreting Financial Results Shyam Sunder Bansal, Riah, Dannielle Dunagan, Michael Moore, William Bice FIN/571 February 29, 2016 Charles Marchand Acadia Healthcare Company, Inc. Acadia Healthcare Company, Inc. (ACHC) is a leading company in the United States of America that deals sets the standard of excellence in the treatment of specialty behavioral health and addition disorders. Acadia Healthcare Company, Inc. operates a network of 585 behavioral healthcare facilities with approximately 17, 100 beds in 39 states (AcadiaHealthcare.com). In the business field, the company must keep track of the financial inflation so as to work on avoiding failures. The company enforces calculating the financial ratios that derived the income statements …show more content…
More liquidity is what manger and shareholders are looking for to determine whether the company has the ability to cover the short-term liabilities. The current ratio value for the year 2013 calculated in comparison to 2012 shows decrease in liabilities. To measure the debt-equity rate of the company, show if a business is using the fitting amount of debt financing (Parrino, Kidwell, Bates, 2012). Greater potential on return and greater bankruptcy risk are shown by higher ratios (Parrino, Kidwell, Bates, 2012). The debt interest rate in 2012 was 15% information revealed the SG&A expenses ratio to income is blank unlike the net year which, is nearly 40% for 2013, long-term debt from the year 2012 to year 2013 has nearly increased by …show more content…
When these two companies’ financial information is viewed in terms of growth percentages we see they become very similar or at least the size difference is no longer that much of a distractor. In fact in some areas the much smaller ACHC demonstrated higher growth. For example in fiscal year ending 31 December 2013 ACHC reported a 40.84% growth in sales. For that same year UHS reported a 4.63% growth in sales so when looking for a company to benchmark ratios are a good way to bring performance into a clearer perspective with sometimes surprising results (Yahoo Finance,
Week Two A. What type of product does it sell? American Eagle Outfitters is a retail company that strives to reach out to 15 to 25-year-old men and women. They offer high quality clothing, accessories, and personal care products at very affordable prices. Pants, shorts, sweaters, fleece, outerwear, graphic tee shirts, footwear, and various styles of accessories are the types of products they offer (Bethel University, 2017). B.
The Accountable Care Organizations are a coordinated effort between healthcare providers to ensure the best quality of care delivered to the patients and at the same time at a reduced cost. This means that health care providers will voluntarily come together to form the ACO and patients will be able to get treated by any provider in the organization. Apart from that, it will reward the providers for delivering quality care. Even though the ACOs is comparatively a new concept, but its certain concepts and features are closely related to early managed care organizations (Barnes et al.,2014). Both MCOs and ACOs rely on the creation of physician network, promotion of member health and resource management to control costs.
In its effort to boost point-of-service collections and increase the overall revenue cycle, Sutter Health took steps to measure operations using a handful of detailed important benchmarks. Authorize PFS staff to take responsibility for every single account that they handle. Confirm each registration is examined using the rules designed to identify problems before patients leave the registration desk. Guarantee PFS staff receives proper complete training to surpass under the new system. Sutter Health is a leading not-for-profit network of community-based healthcare and one of Northern California’s providers that deliver care in more than 100 Northern California communities.
Analyzing AMG Specialty Hosptial I work for Acadenia Management Group (AMG) specialty hospital as a registered nurse (RN). I have been working for the hospital since April, 2014. The mission statement of the hospital is, “To put patient care first at all times, while remaining committed to quality, flexible to change, and supportive of the medical communities we serve” (AMG Specialty Hospital). The purpose of the hospital is, “To operate cost effective post-acute facilities with excellent patient care” (AMG Specialty Hospital).
What is a Certified Revenue Integrity Professional? A Certified Revenue Integrity Professional is a health care administration professional who has obtained industry standard certification through the American Association of Healthcare Administrative Management (AAHAM). http://www.aaham.org/ Who is the the AAHAM?
Skilled nursing facilities continue to grow in the United States. It is currently funded primarily by Medicare, Medicaid, and private pay. What thoughts do you have in reforming the methods for paying for long term care services? How might other settings for long term care impact this? (Utilize the internet and library for additional information) Skilled nursing facilities (SNFs) are subacute hospital setting where care is administered after admission the an acute care facility.
The overall purpose of this paper is to present new information on CVS Health/Pharmacy that some people may not know. This paper also shows CVS Health/pharmacy financial statements form certain years, to show how much they make in revenue, etc. I had to find research on the company’s history, which was long, but it is summarized in the paragraph below. Also listed below are the current CFO and CEO of CVS Health Corporation. All companies have ups and downs; some of the ones for CVS are in the paragraphs below.
From the lessons learned from the patients-centered medical home (PCMH), the NCQA was motivated to develop an accreditation process for ACOs. The NCQA tried to accommodate the lessons that they learned from the PCMH programs so as to develop a very excellent program that recognizes that provisions of the high-quality primary care are the foundation of good health. NCQA also recognizes that although the evaluation of the result is very imperative, it is also critical to assess the ACOs using evidenced based criteria. Through these measures, the organizations can learn more about what is needed and what they need to do so that they can be compliant. They can also learn the key elements required for successful transformation of the ACO.
The company was formed as a result of a merger in 2004 and became one of US’s leading companies in the health care sector. Anthem companies deliver a number of leading health benefit solutions through a broad portfolio of integrated health care plans and related services. The company is known for the trust factor that the clients share with the company. The company is dynamic and is growing rapidly in the challenging health care industry. Challenges Anthem set its strategic objective to become the best in the industry.
The Accountable Care Organization (ACO) is the most aggressive organization in place to improve health care services and financially rewards their ACO members. The Accountable Care Organization has major emerging opportunities for cost reduction in health services. The ACO is continuously searching for methods to diminish the cost of medicinal services. Providing high quality care with a lower cost can increase their member’s quality of life and reduce the probability of their members utilizing health services. ACOs are working towards cutting health care expenses and increasing the quality of patient care in most organizations.
Background: The conference revolved around the discussion of the large-scale and local factors affecting academic medical center’s (AMC’s). It began by discussing where the United States healthcare system ranks in comparison to other countries in several categories. The U.S. currently ranks 37th overall, 34th in infant mortality, last in quality of care, 24th in disability-adjusted life expectancy (DALE), and 1st in per capita healthcare expenditures. The various healthcare systems utilized in other countries and the U.S. includes four systems, which include the out of pocket model, Bismarck model, Beveridge model, and national health insurance model; the U.S. utilizes all of these systems.
Relating to debt and equity ratios, debt is related to financial leverage which can increase returns to shareholders and is expressed
One of the main functions of the Calvary Group LLC is to purchase, sell, and trade commodities. Keith Yarborough, who acts as a Senior Management Partner for this financial institution, has become very knowledgeable in the world of commodities. A commodity is an item or product to be sold or traded. Commodities can come in all shapes and sizes, from raw materials like coffee beans to gold or even oil.
2013 = (13096-3744)/18985 = 0.49 Long-term / gearing Debt-equity ratio: (Total debt)/(Total equity) 2012 = 11749/17801 = 0.66 2013 = 10834/16661 = 0.65
2.2.4 Rising Life Expectancy and Aging Population As noted by Luet et. al. (2015), the medical advancements in recent times have increased the average life expectancy of people and thus the number of aging population has increased as well. These two factors have become the key drivers of the Malaysian health insurance industry. The average life expectancy of male was 59.4 years, and for females was 60.3 years in 1960 of the Malaysian people. However, in 2011 it is 72.1 years for men and 76.5 years for women.