Table 1.
Characteristics of hospitals in sample from 2000–2003, by financial health quartilea
| Quartile 1b | Quartile 2b | Quartile 3b | Quartile 4b | Total | |
|---|---|---|---|---|---|
|
Mean cash flow-total revenue ratio, % (range) |
29.93% (18.67% – 90.99%) |
13.42% (9.74% – 18.39%) |
6.54% (3.17% – 9.73%) |
−13.27% (−246.30%–3.14%) |
9.13% (−246.30%–90.99%) |
|
Mean operating margin, % (range) |
3.97% (−38.98%–37.93%) |
−0.24% (−54.12%–27.18%) |
−3.01% (−62.71% –20.80%) |
−22.13% (−240.72% –13.38%) |
−5.37% (−240.72% –37.93%) |
| No. (%) of facilities | 217 (24.97%) | 217 (24.97%) | 217 (24.97%) | 218 (25.09%) | 869 |
|
No. (%) of discharges |
7,298,876 (28.50%) | 6,927,431 (27.06%) | 6,287,043 (24.55%) | 5,090,676 (19.88%) | 25,604,026 |
| Urban, % | 91.24% | 91.71% | 90.78% | 96.33% | 92.52% |
| Rural, % | 8.76% | 8.29% | 9.21% | 3.67% | 7.48% |
| Ownership | |||||
| For Profit, % | 27.14% | 10.58% | 6.34% | 6.52% | 12.89% |
| Not-for-profit, % | 68.57% | 87.50% | 90.24% | 77.72% | 81.04% |
| Government, % | 4.29% | 1.92% | 3.41% | 15.76% | 6.07% |
|
Teaching intensity (Resident-to-bed ratio) |
|||||
| Minor Teaching ( >0 – 0.249), % (SD) |
79.72% | 75.12% | 75.58% | 53.67% | 71.00% |
| Major Teaching (0.250 −1.094), % |
20.28% | 24.88% | 24.42% | 46.33% | 29.00% |
|
Number of beds per hospital (SD) |
346.50 (242.46) | 326.67 (197.96) | 301.49 (187.02) | 293.42 (204.36) | 316.99 (209.64) |
|
Occupancy rate, % (range) |
67.51% (23.38% – 100.32%) |
69.49% (33.61% – 102.16%) |
68.34% (29.51% – 103.40%) |
68.27% (11.83% – 105.44%) |
68.4% (11.83% – 105.44%) |
a.
Included 869 hospitals with 3,614,174 patients. Prereform and postreform years are academic years (e.g. prereform year 3 indicates academic year July 1, 2000 to June 30, 2001)
b.
Quartiles computed based on mean cash flow-total revenue ratio. Quartile 1 is the most financially healthy and Quartile 4 is the least financially healthy