Liquidity and Solvency Analysis Report for LifePoint Hospital

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Recommended: Importance of balance sheet and income statement

I. Introduction LifePoint Hospitals was founded in 1999 and has grown to be a leading hospital company with more than $3 billion in revenues and 54 hospital campuses in 18 states. They have more than 23,000 employees and nearly 3,000 physician partners striving to achieve their hospital’s mission and goals. LifePoint Hospitals, Inc., through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States. The company’s hospitals provide a range of medical and surgical services comprising general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation services, and pediatric services, as well as specialized services, such as open-heart surgery, skilled nursing, psychiatric care, and neurosurgery. Its hospitals also offer outpatient services, including same-day surgery, laboratory, x-ray, respiratory therapy, imaging, sports medicine, and lithotripsy. The company also owns and operates a school of health professions with a nursing program and a radiologic technology program. As of December 31, 2010, it operated 52 hospital campuses with a total of approximately 5,915 licensed beds in 17 states. The company was founded in 1997 and is headquartered in Brentwood, Tennessee. Lifepoint Hospitals Inc. (NasdaqNM:LPNT) operates independently of HCA Inc. as of May 11, 1999. II. Horizontal Analysis Horizontal analysis involves comparing line items in financial statements over time, seeking to identify trends or items of interest. For Lifepoint Hospitals, the horizontal analysis will be conducted on both the balance sheet and the income statement, focusing on measures that are critical to the company’s success. Cash and cash eq... ... middle of paper ... ... liabilities accounted for 7.84% of total liabilities and shareholders’ equity in 2010. Works Cited Lifepoint Hospitals, Inc Common Stock- Yahoo finance http://finance.yahoo.com/q?s=LPNT. Retrieved February 7, 2012. Lifepoint Hospitals, Inc 2010 Annual Report. (2011). Retrieved February 7, 2012, from http://www.lifepointhospitals.com/. Lifepoint Hospitals. http://www.lifepointshospitals.com. Retrieved February 7, 2012. Lifepoint hospitals to broadcast its fourth quarter and year-end 2011 conference call live on the internet. (2012, February 03). Retrieved from http://finance.yahoo.com/news/LifePoint-Hospitals-Broadcast-bw-2176124906.html?x=0. LifePoint Hospitals to Participate in 22nd Annual UBS Global Healthcare Services Conference. (2012, January 31). Retrieved from http://finance.yahoo.com/news/LifePoint-Hospitals-bw-1699504748.html?x=0

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