In: Accounting
Solution:
Solution:
Historical Income Statements:
2009 |
2010 |
2011 |
2012 |
2013 |
|
Inpatient revenue |
$42.47 |
$46.01 |
$53.41 |
$58.65 |
$59.51 |
Outpatient revenue |
$28.31 |
$30.68 |
$35.61 |
$39.10 |
$39.68 |
Net patient service revenue |
$70.79 |
$76.69 |
$89.02 |
$97.75 |
$99.19 |
Non-operating revenue |
$1.92 |
$1.52 |
$1.37 |
$1.73 |
$1.05 |
Revenues- Total |
$72.71 |
$78.21 |
$90.38 |
$99.48 |
$100.24 |
Patient services |
$60.25 |
$73.86 |
$81.53 |
$90.65 |
$89.51 |
Interest charges |
$3.05 |
$3.15 |
$3.09 |
$3.00 |
$2.98 |
Depreciation expenses |
$3.47 |
$3.69 |
$4.40 |
$4.26 |
$6.03 |
Expenses -total |
$66.76 |
$80.69 |
$89.01 |
$97.91 |
$98.52 |
Net income |
$5.95 |
-$2.49 |
$1.37 |
$1.57 |
$1.72 |
Pro Forma (Forecasted) Cash Flow Statements:
2014 |
2015 |
2016 |
2017 |
2018 |
|
Revenue - Inpatient |
$59.51 |
$59.51 |
$59.51 |
$59.51 |
$59.51 |
Revenue - Outpatient |
$39.68 |
$39.68 |
$39.68 |
$39.68 |
$39.68 |
Net patient service revenue |
$99.19 |
$99.19 |
$99.19 |
$99.19 |
$99.19 |
Non-operating revenue |
$1.05 |
$1.05 |
$1.05 |
$1.05 |
$1.05 |
Revenue Total |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
Patient services expenses |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Interest expense |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Expenses - Total |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Net operating cash flow |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
Cost savings at teaching hospital |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Retentions growth |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Terminal value |
|||||
Net cash flow to equityholders |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
EBITDA |
$100.24 |
$100.24 |
$100.24 |
$100.24 |
$100.24 |