In its second annual report, MHA examined its members’ financial health by reviewing hospitals’ and health systems’ audited financial statements. MHA comprises 142 of the state’s 144 hospitals.
Overall, Minnesota hospitals saw operating margins decline last year. Average operating margin fell to 1.7 percent in 2016, compared to 2.4 percent in 2015. MHA said the change reflects increasing uncompensated care and a growing uninsured population.
More articles on healthcare finance:
5 questions with Banner Health’s revenue cycle VP
House GOP’s $81B emergency package doesn’t include Medicaid funding for Puerto Rico, Virgin Islands
Virginia governor calls for Medicaid expansion in 2-year budget
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