Financial Data Analysis. Patton Fuller Hospital.
Total expenses, on the other hand, increased only by 5.9% to $463.3 million in 2012, compared to $437.4 million in 2011. Overall, the increase in expenses was primary driven by increase in Depreciation & Amortization expense (44% increase) and increase in provision for doubtful accounts (10.6% increase). Other expenses increased by %3.1 on average. Significant increase in D&A expenses happened due to serious investments in fixed assets, as vendors started offering discounts. Provision for doubtful accounts increased together with accounts receivable, as more patients started buying services on credit.
The combination of the abovementioned factors allowed company to ...