Here are five key points from the system’s financials for last quarter.
1. The system’s revenue increased to $1.2 billion, up from $1.1 billion in the same period of last year.
2. Henry Ford reported net patient service revenue of $546.2 million, up from $510 million a year ago.
3. The system’s expenses increased 3.8 percent in the three months that ended March 31, growing to nearly $1.2 billion.
4. Henry Ford reported investment income of nearly $11.6 million, up from $10.9 million in the comparable period of last year.
5. Total admissions at Henry Ford’s facilities remained almost unchanged in the three months that ended March 31, growing to 23,809, up from 23,087 in the same period of last year.
More articles on healthcare finance:
UPMC operating income falls 68% last quarter: 5 key points
10 hospital CFOs in the headlines this week
6 recent hospital outlook and rating actions
