Hospital financial ratio classification patterns revisited: Upon considering nonfinancial information
Document Type
Article
Publication Date
1-1-2000
Abstract
My paper first considers the relationship between nonaccounting information and traditional hospital financial ratios. I found that nonaccounting information represents separate characteristics of hospital financial performance. Second, the link between factors produced in the first stage of the analysis and one dimension of hospital financial performance, creditworthiness, is assessed. Bond ratings are used as a proxy for creditworthiness. I found that nonaccounting information is highly significant in explaining bond ratings. © 2000 Elsevier Science Ltd. All rights reserved.
Recommended Citation
Watkins, Ann L., "Hospital financial ratio classification patterns revisited: Upon considering nonfinancial information" (2000). College of Humanities and Social Sciences. 112.
https://digitalcommons.uncfsu.edu/college_humanities_social_sciences/112