Table 4 Variable definitions
Variable name | Definition |
|---|---|
Quality Score | Intervention sample size weighted average score based on Shwartz et. al. [44] |
Natural log of Total Assets | log (Total Assets) |
Financial Leverage | Total Liabilities ÷ Total Assets |
Total Margin | Net Income ÷ Revenue |
Asset Turnover (Sales to Assets) | Revenue ÷ Total Assets |
Current Ratio | Current Assets ÷ Current Liabilities |
Days Cash On Hand | (Cash + Cash Equivalents) × 365 ÷ Operating Expenses |
Days Patients Accounts Receivable | (Accounts Receivable – Allowances for uncollectible) × 365 ÷ Revenue |
Average Age of Plant (Year) | Accumulated Depreciation ÷ Annual Depreciation Expense |
Salary to Revenue | Salary Expense ÷ Revenue |
Public Hospital | 1 for government owned hospitals and 0 otherwise |
Not-for-profit Hospital | 1 for nonprofit hospitals and 0 otherwise |