Children’s Scottish Rite and Egleston facilities reported an 18 percent and 20 percent profit margin last year, respectively. The two facilities merged 13 years ago, eliminating ongoing competition for patients and paving the way for continued financial success, according to the report.
Related Articles on Hospital Finances:
Boston’s Caritas Christi Recorded $16.8M in Operational Net Income in Last Year as Non-Profit
All Children’s Hospital in Florida Reported $313.2M in Revenue in 2009
Franciscan Physicians Hospital in Indiana Announces $57M Impact on Community
Register to Attend Webinar
Presenters:
Kyle Snider, MemorialCare|Michael Hopkins, Northwestern Memorial Hospital|Dameka Miller, Trinity Health|Ginger Sharp, Legacy Health|Kellan Tittle, MBA, People Incorporated Mental Health Services
Next Up in Financial Management
-
Providence, R.I.-based Brown University Health has eliminated or consolidated 10 senior leadership positions and is offering a voluntary separation program…
-
When Kathy Donovan joined Springfield, Ill.-based Hospital Sisters Health System as senior vice president and chief operating officer in 2023,…
-
Keith Mueller, PhD, director of RUPRI at the University of Iowa in Iowa City, and a founding member of its…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.
