Predicting hospital failure with the financial flexibility index.
In an environment of increasing financial risk, hospital managers are looking for ways to predict financial difficulties before they occur. One response is the financial flexibility index. This index, which uses 10 financial ratios, measures the inflow and outflow of funds to determine the financial flexibility of the institution and identify problem areas before financial failure occurs.
D005376:Financial Management / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D005544:Forecasting / Q000379:methods*; D006268:Health Facilities; D006271:Health Facility Closure; D008962:Models, Theoretical; D011336:Probability; D014481:United States