Accounts receivable – days sales outstanding results at an award winning community hospital

From 2006 to 2009, Advocate Good Samaritan Hospital (GSAM), a US community hospital, consistently exceeded top decile performance for Gross Days in Accounts Receivable. Agansit a Top Decile Good Performance of 55 Gross Days in Accounts Receivable, GSAM achieved 42 days in 2006, 35 days in 2007, 37.5 days in 2008 and 32 days in 2009 (42% better than Top Decile performance. GSAM’s performance denerated some $66 million in incremental cash for investment purposes. GSAM won the 2010 Malcolm Baldri...

BPIR Categories

15.3.1 Financial performance
15.6.11 Financial management