The Efficiency of liquidity management as reflected in the financial performance of selected healthcare services and subsidiaries: A basis for short term financial decisions 6

By: Cayago, Trisha Mariz A., Varga, Noemi Chris P., Diaz, Kate., Garzon, Joyce Anne B., Baniel, Kristine T., Pineda, Patricia Marie D. 4 0 16, [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; 202346Edition: Description: 125 pagesContent type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:
Contents:
Action note: In: Summary: ABSTRACT: The healthcare services industry holds significant importance on a global scale, as it offers vital healthcare services to a huge population. Despite its growth potential, the industry encounters inadequate liquidity management and delayed payments from governmental bodies and insurance establishments. These limitations not only affect the economic outcomes of healthcare providers but also threaten the quality of services rendered and hinder prospects for expansion. This study aims to determine the efficiency of Liquidity Management as reflected in the financial performance of selected healthcare Services and subsidiaries. The study used audited financial statements of 3 hospitals from the year 2019 to 2021. Descriptive statistics and inferential statistics are applied to complete the study. The data are analyzed using Ratio Analysis, Vertical and Horizontal Analysis, and Trendlines. The findings reveal that the three hospitals' liquidity management is unfavorable, with downward-sloping liquidity ratios indicating a healthy financial position. However, the profitability ratios reflect contrasting trends, with ROA and ROE declining while Net Operating Margin and Gross Profit Margin show an upward trend. Furthermore, there was no statistically significant correlation between liquidity and profitability ratios. KEYWORDS: Liquidity Management, Selected Healthcare Service, Subsidiaries, Financial Performance, Liquidity Ratios, Quick Ratio, Current Ratio, Cash Ratio, Cash Conversion Cycle, Profitability Ratios, Return on Assets, Return on Equity, Gross Profit, Net Operating Margin, Gross Profit Margin Other editions:
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Undergraduate Thesis: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2023 56

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ABSTRACT: The healthcare services industry holds significant importance on a global scale, as it offers vital healthcare services to a huge population. Despite its growth potential, the industry encounters inadequate liquidity management and delayed payments from governmental bodies and insurance establishments. These limitations not only affect the economic outcomes of healthcare providers but also threaten the quality of services rendered and hinder prospects for expansion. This study aims to determine the efficiency of Liquidity Management as reflected in the financial performance of selected healthcare Services and subsidiaries. The study used audited financial statements of 3 hospitals from the year 2019 to 2021. Descriptive statistics and inferential statistics are applied to complete the study. The data are analyzed using Ratio Analysis, Vertical and Horizontal Analysis, and Trendlines. The findings reveal that the three hospitals' liquidity management is unfavorable, with downward-sloping liquidity ratios indicating a healthy financial position. However, the profitability ratios reflect contrasting trends, with ROA and ROE declining while Net Operating Margin and Gross Profit Margin show an upward trend. Furthermore, there was no statistically significant correlation between liquidity and profitability ratios. KEYWORDS: Liquidity Management, Selected Healthcare Service, Subsidiaries, Financial Performance, Liquidity Ratios, Quick Ratio, Current Ratio, Cash Ratio, Cash Conversion Cycle, Profitability Ratios, Return on Assets, Return on Equity, Gross Profit, Net Operating Margin, Gross Profit Margin

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