Oklahoma’s Norman Regional’s Year-to-Date Financials Close to Predictions

Norman (Okla.) Regional Health System’s net revenue so far this year is $74.9 million, roughly $525,000, or 0.7 percent, below its budget projections, according to a Norman Transcript report.

Advertisement

The health system reported net revenue of $23.9 million in September, roughly 2.9 percent short of its monthly budget, according to the report.

Ken Hopkins, Norman Regional Health System’s vice president and CFO, said September’s overall weaker numbers could be attributed to slow volumes.

Related Articles on Hospital Finance:

Richmond University Medical Center Receives $20M Line of Credit, $15M Loan
Health Management Associates’ Revenue, Income up in 3Q
Indigent Care at Georgia’s Floyd Medical Center Over Budget in 1Q of 2012

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.