Net Income at UC Davis Medical Center Jumps 70% From Last Year

The University of California Davis Medical Center witnessed a 70 percent increase in profit in the fiscal year ended June 30, 2011, even though admissions and outpatient visits were down, according to a Sacramento Business Journal report.


UC Davis Medical Center reported net income of $117.6 million, up from $69 million last year, and the large jump was due to a better payor mix among government programs and commercial payors, according to the report.

Related Articles on Hospital Income:

Operating Income at Virginia's Children's Health Drops 40% Since 2010

Two Sides of the Coin: The Good and the Bad of Community Hospital Finances

6 Challenging Components of Managing a Hospital's Finances

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

 

Featured Whitepapers

Featured Webinars

>