Viewing Public Health Financial Information from a Different Perspective: Financial Ratio Analysis in Florida County

Health Departments

Matthew J. Dillon

November 7, 2010

CHARLOTTE

Florida Department of Health

67 County Health Departments $834 M CHDs Statewide $208 B Department Wide

Co-managed under the State and Local Board of County Commissioners

All State Employees

Single Accounting System Unified chart of accounts

Florida Finance Ratio Analysis Initiative 2006-2008:

Population size: 1 = <25,000; 2 = 25,000-49,999; 3 = 50,000-99,999; 4 = 100,000-499,999; 5 = 500,000-999,999; 6 = >1,000,000

Florida Local Health Agency Revenue Per Capita 2008

Florida Local Health Agency Expense Per Capita 2008

Florida Local Health Agency Days of Revenue in Accounts Receivable 2008

Florida Local Health Agency Accounts Receivables Written Off as a % of Total Collected 2008

Florida Local Health Agency Total Margin 2008

GOALS / ACTION……….

Obtain “buy-in” from Leadership State Level Local Level

Action Taken Peggy Honore visited Tallahassee – Statewide webinar Leadership and key peer support Established a workgroup

Intent Identify 10 -20 ratios Implement seamlessly with new business plan beginning of

Fiscal Year Monitor and Analyze data

Thank you for your time…….

Questions??

Suggestions??