A financial performance measure at Hill Country Memorial (HCM), a US community hospital and winner of the 2014 Baldrige National Quality Award, was its Cash Ratio (CR), and HCM benchmarked itself against its major competitor and the Moody Non-profit average. In 2010 HCM had a CR of 1.45 against the competitor at 1.0. In 2011 HCM’s CR was 2.0 against the competitor at 1.1 and the Moody Non-profit average of 1.0. In 2012 HCM had a CR of 2.05 against the competitor at 0.4. In 2013 HCM had a CR of...

BPIR Categories

15.3.1 Financial performance
15.6.11 Financial management

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