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Parallon's Website Summary

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Parallon’s website includes key metrics and statistics as related to net revenue. Parallon details that 97% of accounts were resolved which increased net collections by 72% in a specific instance (“Case Study,” 2016). Parallon specifies that they provide technology, software, staffing, and analysis services to help customers meet their goals (“Solution,” 2016). Parallon lists how they provide services such as bad debt recovery in detailed steps so the consumer is informed (“How it works,” 2016). Parallon presents case studies and success stories of clients as testimonials to their services (“Insights,” 2016). Parallon does not publish average accounts receivable days on their website due to the amount of clients they service and the differences. …show more content…

HCA owns 161 hospitals and 114 ambulatory surgery centers in 20 states and the United Kingdom (Herman, 2013). Community Health Systems owns 206 hospitals in 29 states, making them the largest for-profit chain in the world in terms of facilities (Herman, 2014). Tenet Healthcare owns 79 hospitals and 157 ambulatory surgery centers (Herman, 2013). Although Community Health Systems is larger in number of facilities, their earnings still trail those of HCA. Community Health Systems reports admissions growth of 0.3% annually, where HCA reports admissions growth of 2.6% annually (Boyer, …show more content…

In 2015, HCA reported net revenues of $39.68 billion, gross profits of $33.04 billion, and earnings per share of 5.56 (“HCA Income Statement,” 2016). In 2015, Tenet reported net revenues of $18.6 billion, gross profits of $6.66 billion, and earnings per share of 2.05 (“Tenet Income Statement,” 2016). Net revenues are earnings after discounts, losses, and returns (“Net Revenue,” n.d.). Net revenue is a direct indication of proper accounts receivable handling and timely follow-up. Earnings indicate that HCA’s accounts receivable practices are more efficient than other competitors. Gross profit is an indication of earnings per item sold, or total revenue minus cost of goods sold (“Gross Profit,” n.d.). Higher gross profits indicate more efficient use of resources, supplies, and labor. Earnings per share indicate profits as distributed among each piece of stock, and refer to an organization’s profitability measures (“EPS,” n.d.). Community Health Systems’ earnings per share are higher than all other healthcare organizations listed, at 63.64 (“CHS Income Statement,” 2016). This indicates that investors are willing to pay more for share within the organization. This is usually an indication of high earnings, or higher returns. Community Health Systems’ rapid growth is a contributor to the increase in earnings per

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The system as a whole is now comprised of 20 hospitals, over 290 physician clinics, 18 community network hospitals, 18 home health care organizations, and four accredited colleges across its nine geographic regions that employ over 30,000 people total (UnityPoint Health, 2017). The mission of UnityPoint Health is to “Improve the health of the people and communities we serve” and a vision of “Best Outcome Every Patient Every Time®” (UnityPoint Health, 2017). Through this mission and vision, UnityPoint has served over six million patients, has had a $285.5 million community impact and has had approximately a $7 billion economic impact over the past year alone (UnityPoint Health,

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“Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services” (Investopedia, 2014, par 2). The total revenue can be consider the total sales. For the 3 years of 2014 to 2016 the total revenue and gross profit have increased, which means that Shopify is able to show growth in the amount of sales it has had and will continue to have. This growth is due an increase in the amount of sellers opening stores on Shopify. “Shopify has been growing like gangbusters and there has acquisition interest from a big suitor.

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The mission of the U.S. Department of Health and Human Services (HHS) is to “enhance and protect the health and well-being of all Americans” and fulfilling the mission by “providing for effective health and human services and fostering advances in medicine, public health, and social services” (Assistant Secretary for Public Affairs (ASPA), 2016). According to Rouse (2016), the HHS department works approximately one-fourth of federal government disbursements and distributes more grant dollars than all other federal agencies fused together. In order to provide patients to choose the right facility for their health care needs, the Overall Hospital Quality Star Rating can determine where care will be provided. The Overall Hospital Quality Star Rating is designated to assist individuals, family members, and providers to compare hospitals that summarizes existing quality measures based on the patient experience of care data ("First Release of the Overall Hospital Quality Star Rating on Hospital Compare", 2016). There are advantages and disadvantages regarding the Overall Hospital Quality Star Rating.

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