DOM

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description

department of medicine

Transcript of DOM

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Mix of Receivables

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Net Patient Revenue at UIHHSS for 2014

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Financial Ratios for 2014• UIHHSS: 3.3• Rush: .91Current Ratio

• UIHHSS: 44.1%• Rush: 43.3%Debt-to-assets Ratio

• UIHHSS: 5.5%• Rush: 4.2%

Operating Profit Margin

• UIHHSS: 77 days• Rush: 44 days

Days in Patient Accounts Receivable

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SWOT Analysis

STRENGTHS• FREEDOM• Transparency• Physician Alignment• Standardize efforts• Improvement in

productivity

WEAKNESSES• Technology• Defining Metrics• Physician buy-in• Gaps

OPPORTUNITIES• Alignment with

third-party payors• Healthier patients• Increased physician

recruitment

THREATS• Competition with

other hospitals in service area

• Risk of reduced reimbursement