February Financial Dashboard

NOAH’s performance is measured in many ways, from the number of patients we see, to the comprehensive care we provide, to maintaining healthy financials. Below is the February Financial Dashboard from Chief Financial Officer, Julia Karl.

NOAH was able to shift our financial loss from last month to break-even in February.  This is great news as we head into our March Madness!

Financial Dashboard

MetricTargetFebruary 20223 Months Ago6 Months Ago
Days Cash on Hand90123139163
Current Ratio2.04.484.537.06
Operating Margin6%0%14%18%

Days Cash on Hand:  NOAH’s Days Cash on Hand dropped slightly last month. This was expected as we ramp up our billing collections and close out the capital spending on our new Desert Mission (DM) location. We are tracking this same measure without the DM funds and NOAH remains above target with 112 Days Cash on Hand.

Current Ratio:  NOAH’s Current Ratio increased this month and remains well above target.

Operating Margin:  NOAH made significant progress on our Operating Margin in February after posting a 2% loss the prior month!  The main drivers for this turn were controlled spending and strong payor mix.  Despite sitting at a 0% operating margin, we are also still tracking ahead of budget by 3%!

If you have any questions about any of the metrics, please reach out to Elizabeth Lawson (Controller). 

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