Ratio analysis. Radnor Healthcare System, an 800-bed institution, is located in a highly competitive, urban market area. Using the financial ratios from Exhibit 4.22 for the current and previous...

Ratio analysis. Radnor Healthcare System, an 800-bed institution, is located in a highly competitive, urban market area. Using the financial ratios from Exhibit 4.22 for the current and previous years, evaluate Radnor’s financial condition, focusing on revenue, expense, and profitability; liquidity; activity; and capital structure ratios, and compare them to national industry benchmarks for Radnor’s bed size, using the data from Exhibit 4.16a.