Interpreting hospital performance with financial statement analysis

Article Abstract:

Increasing hospital expenses are of major concern to regulators and industry. The financial success and growth of for-profit hospitals (FPs) indicate that FP business techniques are superior to those techniques advocated by nonprofit hospitals (NPs). However, inconclusive evidence has been generated by studies made with accounting and additional operating information. A comparison made for NP and FP financial statements indicates that there are existing financial reporting techniques that can be misleading or of scant help for assessing the cost structure and performance structure of NPs and FPs.

Hospitals, Usage, Economic aspects, Corporations, Nonprofit organizations, Financial statements

---

An empirical investigation of pension fund property rights

Article Abstract:

The identification of pension obligations that are unfunded, vested, and that are not recorded on corporate balance sheets as corporate debt is empirically evaluated. Participants in the capital market who are responsible for risk assessment tend to view such obligation as debt. A model is developed of systematic risk for company-provided pension funds that considers the company sponsor's business risk and financial risk. The model's explanatory power is improved once unfunded vested pension liabilities are used in the measurement of financial leverages.

Risk management, Pension funds, Employee benefits

---

A note on yield variance and mix variance

Article Abstract:

Sales activity variances are usually associated with varying levels of production and are comprised of two components: a yield variance and a mix variance. Accounting procedures used to assess sales activity variances employ average unit prices which, because they are determined based upon arbitrarily assigned units of measure, can identify the same sales activity variance as either positive or negative. A procedure for analyzing sales activity variance is developed that is based on cost of production per unit, rather than on unit price.

Selling

Similar abstracts:

• Abstracts: The relationship of seniority to job performance following reinstatement
• Abstracts: The relationship of seniority to job performance following reinstatement. part 2 Unexpected consequences of improving workplace justice: a six-year time series assessment
• Abstracts: Absenteeism among hospital nurses: an idiographic-longitudinal analysis. Tactics of implementation
• Abstracts: Financial statement information and the pricing of earnings changes. Product pricing based on accounting costs

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.