Below are three things to know.
1. The audit report noted third-party reimbursements dipped slightly in FY 2015 to $2.1 million from $2.6 million in 2014.
2. The hospital ended FY 2015 with net operating income of $18.2 million, a $6 million increase from 2014.
3. LMH posted $203 million in revenue in FY 2015, a $17 million increase from revenue in FY 2014.
More articles on hospital finance issues:
Audit: MassHealth paid $476k to banned physicians
S&P revises Peninsula Regional Medical Center’s outlook to stable
S&P assigns ‘A+’ rating to Saint Luke’s Health System’s bonds
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
