Becker's Hospital Review

Finance & Revenue Cycle Issues 31 39 Statistics on Moody's A-Rated Hospitals By Bob Herman H aving an investment-quality credit rating helps hospitals and health systems when they need to borrow money, and having an "A" rating is a stamp every healthcare organization should strive to obtain. Moody's Investors Service has 10 levels of investment-grade long-term ratings, ranging from a high of "Aaa" down to "Baa3." Many hospitals and health systems sit within the three subcategories of "A" ratings: "A1," "A2" and "A3." Here are 39 statistics on various hospital metrics from Moody's. Note: All data are medians from 2011 and are for only the three subcategories of "A" ratings. Moody's data reflects standalone hospitals and single-state health systems in its portfolio. Hospitals rated "A1" Sample size: 53 Maintained beds: 538 Outpatient surgeries: 15,976 Net patient revenue: $721 million Total operating revenue: $815.5 million Excess of revenue over expenses: $66.2 million Net fixed assets: $436.7 million Operating margin: 3.6 percent Operating cash flow margin: 10.7 percent Days cash on hand: 204.4 Accounts receivable: 45.1 days Debt-to-capitalization: 33.7 percent Average age of plant: 9.8 years Hospitals rated "A2" Sample size: 76 Maintained beds: 403 Outpatient surgeries: 9,512 Net patient revenue: $497.7 million Total operating revenue: $518.8 million Excess of revenue over expenses: $31 million Net fixed assets: $259.8 million Operating margin: 3 percent Leading the industry we helped to create. Operating cash flow margin: 9.8 percent Days cash on hand: 194.6 Accounts receivable: 46.4 days Debt-to-capitalization: 38.3 percent Average age of plant: 10.3 years Hospitals rated "A3" Sample size: 344 Maintained beds: 538 Outpatient surgeries: 9,959 Net patient revenue: $428.7 million Total operating revenue: $455.2 million Excess of revenue over expenses: $21.5 million Net fixed assets: $229 million Operating margin: 2.4 percent Operating cash flow margin: 9.2 percent Days cash on hand: 168.5 Accounts receivable: 43.9 days Debt-to-capitalization: 40.5 percent Average age of plant: 10.6 years n There's a reason we're considered to be the experts in vendor credentialing. We've been doing it longer than anyone in the industry. We're IntelliCentrics, provider of ™ Reptrax. Today we're known for our industry leading vendor credentialing services, but that's just the beginning. Every day we're developing new and innovative ways to ensure the safety of our clients' staff, patients and visitors. Visit IntelliCentrics.com today to learn how we're making your world safer. ™

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