This website uses cookies to ensure you have the best experience. Learn more

Analysis Of The Johns Hopkins Hospital

1166 words - 5 pages

Ratio Analysis
Organizations use financial statements and ratio analysis assess financial performance viability. The ratio analysis are used to identify trends and to perform organizational comparison (financial) with other companies within same industry. Ratio analysis, using data reported on the financial statements, are divided into five major categories: common size, liquidity, solvency, efficiency, and profitability. This paper will assess the financial stability of John Hopkins Hospital (JHH) using the five ratio analysis.
Overview: Johns Hopkins Hospital
Johns Hopkins Hospital is a teaching and biomedical research health care facility located in Baltimore, Maryland. Founded in 1889, JHH is named after the renowned philanthropist and visionary enthusiast Johns Hopkins, who provided the initial funds for construction. JHH was the first hospital to incorporated teaching, learning, patient care, and research into the health care model. Today, JHH is billion-dollar health care system and is known (nationally and internationally) for distinction in health care excellence, teaching, and research.
Ratio Analysis
The financial statements from Johns Hopkins Hospital (JHH) were used to calculate and analyze the meaning of the financial health of the organization from the years 2010-2012 (Appendix A). The following five major types of ratios were used: common size, liquidity, solvency, efficiency, and profitability
Common size ratios. According to Finkler, Kover, and Jones (2007), “The goal of common sizing is to make an organization comparable to other organizations of different sizes… by putting everything into perspective based on organizational size,” (p. 117). These ratios alson can be used used by the organization to compare trends over time. The following ratios are reviewed:
A. Cash to total assets = Cash/Total assets
B. Total expenses to total revenues = Total expenses/Total revenues
Cash to total assets in three years’ time indicates a significant downward trend reflecting JHH has less cash on hand in relationship to their total assets, form 10.81% to 1.48% (Figure 1). The total expenses to total revenues ratio has a moderately flat trend that indicates a stable financial environment for the organization.

Figure 1. JHH Financial Ratios
Liquidity ratios. Current ratios and quick ratios determine the organization’s short-term financial solvency. The is to determine if JHH has enough cash and other liquid resources to meet their current obligations (Finkler et al., 2007). The following liquidity ratios are examined:
A. Current ratio = Current assets/Current Liabilities
B. Quick ratio = Cash + Market securities (short-term investments) + Accounts receivable/Current liabilities
According to Finkler et al. (2007), the “current ratio of 2.0 has become widely accepted” (p. 118). JHH shows a downward trend of current ratio over three years’ time that is concerning in such a short period. The quick ratio also follows this...

Find Another Essay On Analysis of the Johns Hopkins Hospital

Organizational Analysis of Hospital Z

1468 words - 6 pages analysis of the problems and the related literature, conflicts resulting from differentiation and task relationships, and the operational plan of Hospital Z give insight into the complexities of this organization. One of the problems plaguing Hospital Z is the organizational culture, which, according to Robbins and Judge (2013) includes the common characteristics of (1) innovation and risk taking, which allows members of the organization the

Ethical and legal analysis of the Ann Hopkins v. Price Waterhouse discrimination law suit. Focuses on case law and ethics

3145 words - 13 pages "LEGAL ANALYSIS MODEL"1. IDENTIFICATION OF THE "CRITICAL OR RELEVANT FACTS" FROM THE CASE.Ann Hopkins came to Price Waterhouse in August of 1978 following a short stint at American Management Systems after the realization that she preferred a multi-project environment that Price Waterhouse offered. Prior to American Management Systems she worked at Touche Ross for close to 2 years. She left Touche Ross because her husband made partner at the

Allusions to God in the Poetry of Gerard Manley Hopkins

1765 words - 7 pages Gerard Manley Hopkins was a Victorian poet who frequently utilized symbols to demonstrate how God is evident in all living things. His allusions to God are evident in such works as: “Pied Beauty”, “Spring”, “The Windhover”, and “God’s Grandeur”. The purpose of this research is to examine the way in which Hopkins uses his terms inscape and instress to illustrate these allusions to God. Hopkins’s poetry demonstrates to the readers that seeing

Grigson and Ward on the Poetry of Gerald Manley Hopkins

2956 words - 12 pages Explore the views of Grigson and Ward and with close attention to at least three poems. Develop your own view of Hopkins' poetry. Gerard Manley Hopkins was born in 1844. He was born in London of Welsh ancestry, whose family were devout anglicans. He was the eldest of eight children. He was an actively artistic child, especially in music, drawing and poetry. This was encouraged in many Victorian households. He was educated at Balliol

Faith and Doubt in the Poetry of Gerard Manley Hopkins

1621 words - 6 pages Gerard Manley Hopkins had eight siblings and was born of Manley and Catherine Smith Hopkins. His parents were Anglicans that followed the Catholic tradition in sacraments and papacy. By instilling the theological values, faith and morals into Gerard, he became heavily influenced by his family. His parents taught him, as well as their other children to love God. Gerard guaranteed his mother that he would strengthen his connection with God and

SWOT analysis of Shouldice Hospital Limited

3430 words - 14 pages specialist areas offering similar opportunities like eye surgery etc.4. Changing the scheduling of doctors.The way, the surgeries are carried out at Souldice, any patient needs to stay at hospital for at least 3 days. Appendix 'B' shows weekly maximum achievable throughput of 149 patients under the current operating cycle. Surgeon Capacity Analysis: In general, a typical first time surgery requires 45 minutes of surgeon time. Surgeon requi ... 1

Analysis of “Hard Rock Returns to Prison from the Hospital for the Criminal Insane”

822 words - 4 pages Etheridge Knight’s “Hard Rock Returns to Prison from the Hospital for the Criminal Insane” is an interesting poem spurred from his own experiences, that explores a variety of things from basic human emotions to controversial medical treatments. Knight was incarcerated for 8 years for robbery, during which he began to develop his skill as a poet, and this stint in prison influenced the settings and styles of his poetry. Knight’s poem is unique in

Did the CFO have a responsibility to inform Johns of the errors

9274 words - 37 pages for firms to hire this service is to help control the conflict of interests among firm managers, shareholders, and bond- holders. Firm characteristics which affect the severity of this conflict or the marginal cost of external auditing are expected to influence a firm's demand for this service. Based on this analysis, leverage, firm size, and number of accounting-based debt covenants are predicted to increase the probability that a firm will

Care In and Out of the Hospital

1566 words - 6 pages Imagine watching an elderly loved one move back and forth between their own home and a hospital, all because they did not have adequate home care. The hospital, in turn, did not provide enough rehospitalization time. This happens to many elderly folks who can no longer take care of themselves and neither can their spouses. Mrs. Gerlach, age 82, suffered from a disease is called Giant Cell Arthritis and is very common for older people to

Attitude and Appreciation of the Natural World in Gerard Manley Hopkins and Henry Wadsworth Longfellow's Poetry

1822 words - 7 pages Attitude and Appreciation of the Natural World in Gerard Manley Hopkins and Henry Wadsworth Longfellow's Poetry The simple beauty of nature is an aspect many of us take for granted in our everyday lives - the endearing sounds of birds welcoming another day and the powerful gush of a waterfall being some examples of these. But there are those individuals who have endeavoured to fully comprehend the marvellous complexity of

Compare and Contrast of‘‘Binsey Poplars’’ by Gerard Manley Hopkins and ‘‘The Trees’’ by Philip Larkin

2136 words - 9 pages Choose two of the poems given in the handout . Compare and contrast these two poems (‘‘Binsey Poplars’’ by Gerard Manley Hopkins and ‘‘The Trees’’ by Philip Larkin), paying close attention to their language and form. In a recent article in The Guardian, Billy Mills writes, ‘Trees have been putting down roots in poetry for centuries’, and indeed there are as many poems about trees as there are species of trees themselves. As someone who grew

Similar Essays

The Case Of Enso Martinez And Rebecca Fielding Vs. John Hopkins Hospital

903 words - 4 pages choice, with whom they have developed trusting relationships, are no longer available to care for them. It is certain that the system requires sensible reform (p.525). In what is known as the largest malpractice case in Maryland is the case of Enso Martinez and Rebecca Fielding against John Hopkins Hospital. In this situation, Ms. Fielding was taken to the hospital for an emergency caesarean section. Granted the story does mention if Ms

Analysis Of The Poem The Wreck Of Deutschland By Gerard Manley Hopkins

2349 words - 9 pages , legislative bills enacted in the German Kingdom of Prussia during the Kulturkampf conflict with the Catholic Church. The Franciscan nuns’ death inspired Gerard Manley Hopkins to compose his longest Christian theme poem, “The Wreck of the Deutschland,” dedicated to their memory. In this lyrical poem, dedicated to the Franciscan nuns’ lives, Hopkins expresses his reactions to the wreck of the Deutschland , which sparked powerful emotions in him

Analysis Of The Poem The Wreck Of Deutschland By Gerald Manley Hopkins

868 words - 3 pages , legislative bills enacted in the German Kingdom of Prussia during the Kulturkampf conflict with the Catholic Church. The Franciscan nuns’ death inspired Gerard Manley Hopkins to compose his longest Christian theme poem, “The Wreck of the Deutschland,” dedicated to their memory. In this lyrical poem, dedicated to the Franciscan nuns’ lives, Hopkins expresses his reactions to the wreck of the Deutschland , which sparked powerful emotions in him

The Start Of Banfield Pet Hospital: Swot Analysis

1100 words - 4 pages Corporate name, founding date, founding leaders Banfield Pet Hospital was founded in Portland, Oregon in 1955 by Warren J. Wegert (Banfield Pet Hospital, 2013). The start of Banfield Pet Hospital The hospital was founded with a vision to provide high quality veterinary medicine. In 1987, Scott Campbell purchased Banfield with $2 million in revenues already invested (Banfield Pet Hospital, 2013). In 1994, the pet store chain PetSmart, teamed up