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Children’s hospitals saw rise in liquidity, operating margins: Fitch
Modern Healthcare

A Fitch Ratings analysis of not-for-profit children’s hospitals found that liquidity and operating margins improved between 2009 and 2011.

The analysis included 21 tax-exempt, stand-alone children’s hospitals, including 10 with ratings from Fitch. The median days’ cash on hand, one measure of liquidity, increased to 278.3 days in 2011 from 215.6 days in 2009, the report said. The median operating margin climbed to 6.9% last year from 4.1% in 2009.

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