Children’s Hospital in Boston Reports 38% Increase in Operating Income Last Year

Buoyed by an increase in patient-related revenue, Children’s Hospital in Boston reported a 38 percent increase in operating income for fiscal 2009, according to a report by the Boston Business Journal.

Advertisement

The hospital recorded $1.03 billion in net patient-service revenue in the year ended Sept. 30, 2009, up 11 percent over fiscal 2008, and its total revenue stood at $1.29 billion, up 10 percent from the year before.

Children’s also saw its investment portfolio rise 4.3 percent to $557.6 million.

See the Boston Business Journal’s report on Children’s Hospital in Boston.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Care Coordination

Advertisement

Comments are closed.