Due to the hospital’s increased outreach and marketing overseas, the number of patients from the Middle East, Asia and Latin America seeking care at Boston Children’s in fiscal 2014 was up 47 percent.
Boston Children’s CFO Doug Vanderslice told the Boston Globe, “The population in the Boston and New England area is fairly static. Finding growth in international patients is very much a positive sign.”
The hospital reported $113 million in operating income for the fiscal year ended Sept. 30, up from $88 million in 2013.
More articles on healthcare finance:
87% of HealthCare.gov enrollees seeking financial assistance
Beaumont Health to refinance $408.8M in revenue bonds
UMass Memorial Health Care posts $53.8M operating surplus
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.