01 Feb Presentation: Puerto Rico Hospitals Financial Ratios Benchmarking

Posted at 18:34h in Galindez Presentations, Insights by

Galíndez LLC, Puerto Rico’s leading healthcare consulting firm, recently hosted a presentation on “Puerto Rico Hospitals Financial Ratios Benchmarking,” led by Julio Galíndez, Consulting Partner and Healthcare Management Specialist. This event highlighted Galíndez LLC’s commitment to empowering hospitals with critical data and analysis. The presentation focused on a comprehensive compilation of financial ratios for approximately 40 Puerto Rican hospitals from 2018-2023. This data, meticulously analyzed by Galíndez LLC, provides a crucial overview of the hospital sector’s financial health. The majority of benchmarked hospitals are Galíndez LLC clients, offering deep market insight.

The report covers key financial ratios and metrics commonly used by rating agencies, ensuring relevance for hospitals seeking financial improvement. Data sources included audited financial statements, supplemented by unaudited statements and Medicare Cost Reports where necessary. Key financial ratios presented included:

  • Liquidity: Current Ratio, Cash to Current Assets, Days Cash on Hand
  • Asset Management: Net Accounts Receivable Days, Payment Period, Average Age Net Fixed Assets, Capex Ratio
  • Profitability: EBITDA Margin, Operating Margin, Net Margin
  • Expense Management: Salaries & Benefits/Net Patient Revenue

Each ratio was visually represented through graphs and charts, illustrating the five-year average performance of the 40 hospitals. This visual format allowed attendees to quickly identify trends and potential areas for improvement. The longitudinal data provides valuable insight into the evolution of these metrics within the Puerto Rican hospital landscape. This document, while comprehensive, does not constitute an examination or attestation engagement. It is intended for internal analysis and benchmarking and remains proprietary to Galíndez LLC.

The presentation concluded with copyright information and Galíndez LLC contact details, encouraging further engagement. This reinforces the firm’s commitment to serving as a trusted partner and resource for Puerto Rico’s healthcare community. By proactively sharing knowledge and expertise, Galíndez LLC solidifies its position as the undisputed leader in healthcare consulting on the island.

 

 

To learn more, please contact us: info@galindezllc.com