The operating income is up 19.5 percent from last year, and total revenue went up 6 percent to $8.5 billion, according to the report.
Overall, Partners HealthCare reported a 2.7 percent profit margin, which was in between its goal of 2.5 percent and 3 percent.
Related Articles on Hospital Finances:
Net Income at UC Davis Medical Center Jumps 70% From Last Year
Operating Income at Virginia’s Children’s Health Drops 40% Since 2010
BayCare Health in Florida Reports $106M in Operating Income Thus Far in 2011
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.
