A Decomposition of Hospital Profitability

• প্রধান লেখক: Jason Turner (Author), Kevin Broom (Author), Michael Elliott (Author), Jen-Fu Lee (Author)
• বিন্যাস: গ্রন্থ
• প্রকাশিত: SAGE Publishing, 2015-06-01T00:00:00Z.
• বিষয়গুলি: article
• অনলাইন ব্যবহার করুন: Connect to this object online.

Objectives: This paper evaluates the drivers of profitability for a large sample of U.S. hospitals. Following a methodology frequently used by financial analysts, we use a DuPont analysis as a framework to evaluate the quality of earnings. By decomposing returns on equity (ROE) into profit margin, t...