This fiscal year’s losses are a 2.6 percent increase from last fiscal year’s losses. In addition, UMC posted net revenues of $467.4 million, representing a 4.6 percent decrease from net revenues last year, according to the report. This is the tenth straight year the hospital posted operating losses.
Related Articles on Hospital Earnings:
Massachusetts’ Milton Hospital Posts Losses Again Following 2010 Turnaround
Massena Memorial Hospital in New York Posts July Losses
Erlanger Health System Starts Fiscal Year With $1.3M Loss, Blames Physician Vacation, Overtime
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