Aurora Sinai parent Aurora Health Care, however, said that “any discussion about closing Aurora Sinai is pure speculation and, most important, the last thing we would want to do,” according to the report.
In 2010 and 2009, Aurora Sinai lost a combined $7.8 million. Aurora Sinai officials said the large increase in losses for 2011 was attributed to lower inpatient volumes, a worsening payor mix and the lull of overall economy, according to the report.
Aurora Health Care reported net income of $100.4 million in 2010 and $223.8 million in 2009.
Related Articles on Hospital Losses:
SunLink Health Systems Reports Net Loss of $318k in 1Q of FY 2012
Kaiser Foundation Hospitals Loses $45M in 3Q Due to Market Declines
Vanguard Health Systems Loses $19.2M in 1Q of 2012 Amid Acquisition Costs, Debt
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