NOAH finished 2021 in a strong financial position with all metrics above target! Congratulations to everyone for working together as One Team to meet these targets.
METRIC | Target | Dec. 2021 | 3 Months Ago | 6 Months Ago |
Days Cash on Hand | 90 | 177 | 156 | 181 |
Current Ratio | 2.0 | 4.21 | 6.39 | 7.19 |
Operating Margin | 7% | 20% | 16% | 22% |
2021 Year End Financial Highlights:
- Invested $9 Million in our beautiful Desert Mission Health Center.
- Served almost 8,000 more patients in 2021.
- Increased our Days Cash on Hand by 36 Days
- Added 120+ team members to the NOAH family
- Grew Patient Revenue by $15 Million
NOAH Financial Investments
This graph highlights the investments that NOAH’s been making over the past 8 years and where we are forecasting to end in 2022. You can see on the line graph the increase in our patients served and how that aligns with investments we make in the organization.