Tampa General Hospital reports $48.9M operating surplus for 2014

Tampa (Fla.) General Hospital's operating revenue increased 5.9 percent to $1.08 billion during its fiscal year 2014, which ended Sept. 30.

Due to a number of factors, including increases in discharges, emergency department visits and surgeries, Tampa General posted an operating surplus of $48.89 million for FY 2014, compared to the $31.36 million surplus it posted the prior year.

 In addition, the hospital's operating margin increased to 4.5 percent from the 3.1 percent margin it reported in FY 2013. 

More articles on healthcare finance:

How the 2014 Governors' races could influence Medicaid expansion
Driven by Sovaldi sales, Gilead's profits up 246% in Q3
WellPoint's operating revenue grows to $18.4B in Q3

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>