2018 financial review · 2018-12-13 · miles leon christine neikirk robert j. obermeyer, md karen...

42
Accepted Manuscript Valuing and pricing IPOs Peter Roosenboom PII: S0378-4266(12)00024-6 DOI: 10.1016/j.jbankfin.2012.01.009 Reference: JBF 3695 To appear in: Journal of Banking & Finance Received Date: 3 December 2009 Accepted Date: 18 January 2012 Please cite this article as: Roosenboom, P., Valuing and pricing IPOs, Journal of Banking & Finance (2012), doi: 10.1016/j.jbankfin.2012.01.009 This is a PDF file of an unedited manuscript that has been accepted for publication. As a service to our customers we are providing this early version of the manuscript. The manuscript will undergo copyediting, typesetting, and review of the resulting proof before it is published in its final form. Please note that during the production process errors may be discovered which could affect the content, and all legal disclaimers that apply to the journal pertain.

Upload: others

Post on 12-Mar-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 2018 Financial Review · 2018-12-13 · Miles Leon Christine Neikirk Robert J. Obermeyer, MD Karen P. Priest Marta S. Satin-Smith, MD Brian K. Skinner Elly Bradshaw Smith Svinder

The Health System achieved a 7.5 percent operating margin for the year, versus the 1.2 percent margin we budgeted and the 1.9 percent margin we achieved last year. Operating margin represents revenue over expenses strictly from operations, excluding donations and investments.

Children’s Hospital of The King’s Daughters is accredited by the DNV and is licensed by the Commonwealth of Virginia. This report is published by the

Marketing and Public Relations Department of CHKD, 601 Children’s Lane, Norfolk, Virginia 23507

© 2018 Children’s Health System Inc.

CHKD Health System Operating StatisticsFiscal Year ending 6/30/18

CHKD Number of Beds in Service 206 206 196* Patient Days 50,405 47,218 45,299 Admissions 5,476 5,292 5,144 Average Daily Census 137.7 129.4 124.1 Surgeries 13,929 13,043 12,987 Outpatient Clinic Visits 166,747 169,083 173,117 Emergency Visits 50,598 49,121 49,899

CSSG (surgical practices) Office Visits 48,959 47,976 46,642 Surgical Cases 5,889 5,628 5,549

CMG (primary care practices) Office Visits 378,034 378,395 383,459

Children’s Health System Board of DirectorsEdward A. “Buzz” Heidt Jr.Buffy BarefootJulie Childress BeckMichelle G. Brenner, MDJim DahlingSusan R. EinhornDouglas D. Ellis, Sr.R. Justin FultonKim GeorgesAkhil JainJohn R. Lawson, IIMiles LeonChristine NeikirkRobert J. Obermeyer, MDKaren P. PriestMarta S. Satin-Smith, MDBrian K. SkinnerElly Bradshaw SmithSvinder S. Toor, MDKathryn M. Van BurenF. Blair Wimbush

2016 2017 2018

Children’s Health Foundation Board of DirectorsCharlie HendersonLarry BernertDan BoyleJim DahlingKimberley GeigerMichael GlasserChris GravesDoug HillebrandtTrey HuelsbergBeth JohnsonKelly JohnsonKatherine M. KnausMichael MatacunasMerrick McCabeKim McMillanSherri MilesSharon Owlett

$121,366,000 Investment, Gifts and Other Income (23%) $145,080,000

Inpatient Income (27%)

$267,252,000 Outpatient Income (50%)

Revenues

$103,702,000Other Operating Expenses (22%)

$69,979,000 Supplies (15%)

$4,263,000 Interest (1%)

$652,000 Development of Programs and Research (0%)

Expenses

$25,181,000 Plant and Equipment Depreciation (5%)

$259,232,000 Salaries and Benefits (57%)

2 0 1 8 F i n a n c i a l R e v i e w

*Construction in the neonatal intensive care unit has temporarily reduced the number of beds in service.