Organizational Net Income - Multi-Pedia

Organizational Net Income $ (Thousands)

This is the Net Income for the entire program including IP Unit(s), Palliative Care Programs, Extracurricular Programs, Investments and Development.

Many Hospices wonder where their bottom-line went. It is many times lost in the "extra-curricular programs". Here are some of the most common:

The question to ask is "Can we afford it?" The economic question must always be answered. Many Hospices fail to properly segregate these costs and therefore distort their financial picture. These programs must be quantified.

Consider this: If our Hospice is getting a 10 or 15% operational profit margin, a portion of the money can be spent on these "extra" programs. In addition, these programs are a great place to use community support. These programs create "fundraising opportunities". These extras give the community a clearly designated purpose for giving.

Related Content:

    Multi-Pedia

    ADC Average Length of Stay Benefits Percent Caseload Expectations Computed Caseloads Crisis Care Percent Served Days Cash on Hand Days in AP Days in AR Debt to Equity Development to Return Ratio Development Signature Programs Direct Labor % of All Labor Direct Labor NPR Direct Labor PD Direct Patient Related Expenses NPR Direct Patient Related Expenses PD Facility Mix Percentage Facility Related Facility Team Patient Days Percent Indirect Costs PD Indirect Labor Marketing Incentive Median Length of Stay Mileage Rate Net Operational Income NPR% Net Operational Income PPD Net Revenue PD Operational Costs Organizational Net Income % of Hospice Homecare Net Revenue Revenue to Payroll Dollar Segment Indirect Percent Net Revenue Segment Net Income The Role of Financial Reserves Total Indirect Volunteer Level of Activity What is Net Patient Revenue What is The Model