Learning Team Sensitivity Analysis Week 5 Final Project

Jun 26th, 2014
Price: $10 USD

Question description

Health_Care_Finance_3e_Ch20 (1).pdf


Resources: Patton-Fuller Community Hospital Virtual

Organization and University of Phoenix Material:

Sensitivity Analysis Grading Criteria

Review the ffinancial statements, annual report, and

budget issues documents, located in the Patton-Fuller

Community Hospital Virtual Organization.

Create a 3 to 4 slide Microsoft® PowerPoint®

presentation that summarizes elements that affect

staffing at Patton-Fuller, such as raises in wages and

changes in the nurse-to-patient ratio. Include speaker


Include the following in your presentation:

• Provide a comparative analysis of the last two years

of data.

Financial Statements

Patton - Fuller Community Hospital
Balance Sheet
2009 - 2008
(In Thousands)
  2009 2008
Current Assets  
Cash and Cash Equivalents$22,995$41,851
Assets of Limited Use27,59441,851
Patient Accounts Receivable
(net of Allowance for Bad Debts
2009: $10,757 2008: $6,777)
Other Receivables
(3rd party payer settlements)
Prepaid Expenses95201
Total Current Assets$128,867$130,026
Other Assets  
Funded Depreciation$137,970$167,404
Held under Bond Indenture73,58475,332
Property, Plant and Equipment, net248,346175,774
Total Assets$588,767$548,535
Liabilities and Equity  
Current Liabilities  
Current portion of long-term debt$14,599$4,185
Accounts payable, accrued expenses9,1984,185
Bond interest payable1010
Total Current Liabilities$23,807$8,380
Other Liabilities  
Long-term debt$452,945$209,255
less: current portion of long-term debt14,5994,185
Net long-term debt$438,346$205,069
Total Liabilities$462,153$213,450
Common Stock, $ 0.01 par value
10,000,000 shares authorized
5,000,000 shares outstanding
Additional paid-in capital00
Retained Earnings (or "Net Worth" or "Unrestricted Fund Balance")126,564335,035
Total Liabilities and Equity$588,767$548,535

Note: Maximum Annual Debt Service  
Bond interest payable$10$10
Current portion of long term debt14,5994,185
Maximum Annual Debt Service$14,609$4,195


Patton - Fuller Community Hospital
Operating Budget
(In Thousands)
Net Patient Revenue$418,509
Other Revenue2,805
Total Revenues$421,314
Salaries and benefits$214,129
Physician and professional fees107,065
Depreciation & Amortization
(non-cash expenses)
Provision for doubtful accounts13,383
Total Expenses$437,424
Operating Income($16,110)
Non-operating Income (Loss)
Investment Income264
Net Income($15,846)


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