Collection Performance: An Empirical Analysis of Not-for-Profit Community Hospitals

Many not-for-profit hospitals experienced major shifts in their annual collection performance between 1986 and 1988. The collection performance is measured by excess collection time, computed as the difference between the actual average collection time and the median for one of the 6 panels to which...

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Bibliographic Details
Published in:Journal of healthcare management 1992-07, Vol.37 (2), p.181
Main Authors: Prince, Thomas R, Ramanan, Ramachandran
Format: Article
Language:English
Subjects:
Accounts receivable
Collections
Financial reporting
Financial statements
Health maintenance organizations
HMOs
Information systems
Medicaid
Medicare
Nonprofit hospitals
Nonprofit organizations
Operating revenue
Receivables
States
Statistical analysis
Studies
Teaching hospitals
Third party
Trends
Variance analysis
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Summary:Many not-for-profit hospitals experienced major shifts in their annual collection performance between 1986 and 1988. The collection performance is measured by excess collection time, computed as the difference between the actual average collection time and the median for one of the 6 panels to which the hospital is assigned based on ownership, control code, and financial reporting practices. In a study of 1,246 not-for-profit hospitals comprising over 50% of total revenue and expenses of all community hospitals, more than 16% of these hospitals had annual changes of 10-plus days in each of the years. It was found that collection patterns are different among some states. Contractual allowance is positively related and return on assets is negatively associated with excess collection time in 2 of the panels.
ISSN:1096-9012
1944-7396