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#111 |
Senior Member
Join Date: Aug 2005
Location: the far corner of my mind
Posts: 8,711
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Are you talking about the contractual allowances? That's a discount sort of like the discount you get in most persian rug stores. Hurry, get it now becasue they're going out of business.
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Sorry for th e tpyos. |
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#112 | |
Senior Member
Join Date: Oct 2007
Location: Salt Lake City
Posts: 699
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He's down by the creek, walkin' on water. K-dog P.S. Grrrrrrrrr |
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#113 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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So Texas Children's was $94 million in the black in one year. In a decade, at that pace, they are close to 1 BILLION in the black.
I was right. They can afford to build a new wing. |
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#114 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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#115 |
Senior Member
Join Date: Nov 2007
Posts: 2,326
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#116 |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
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Most hospitals have a huge war chest of cash they are sitting on. They use that for capital expenditures. A well run hospital will have a operating margin of around 2%
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Its all about the suit |
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#117 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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What is an "operating margin"?
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#118 |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
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earnings/(losses) from operations
Net Income figures in outside investments and donations. Operating Margin figures just what your company is in business to do
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Its all about the suit |
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#119 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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non-profit hospitals are required to donate a certain percentage of healthcare gratis, from what I understand.
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#120 | |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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