Cincinnati-Area Hospitals Saw Net Income Plummet in 2008

Ohio Health Market Review found that Cincinnati-area hospitals saw their combined net income fall from $290.5 million in 2007 to $14.7 million in 2008, according to report by the Business Courier of Cincinnati.

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Allen Baumgarten, a Minneapolis-based healthcare consultant who compiles the review, said inpatient days dropped nearly 4 percent in 2008 as the numbers of uninsured rose.

Read the Business Courier of Cincinnati’s report on Cincinnati hospitals.

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