The hospital reported an operating margin of negative 2.5 percent for the fiscal year, citing lower reimbursements from federal and state payors, including $133 million in reimbursement cuts for the year.
In July, the 626-bed hospital sued the state over cuts in Medicaid reimbursements, saying it was receiving 64 cents back for every $1 it spent on care.
Read the Boston Business Journal’s report on Boston Medical Center.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
