Price increases boost Missouri hospital's monthly revenue by $1M

Despite declining patient volume, Warrensburg, Mo.-based Missouri Medical Center posted strong October revenue results thanks to September price increases, CFO Dean Ohmart told the Daily Star Journal.

In his monthly revenue report to the hospital board, Mr. Ohmart said gross patient revenue in October was just over $22 million, nearly $1 million more than expected . He said the price hikes will  help the hospital in reimbursement negotiations with insurers.

Through the first  10 months of the year, Western Missouri Medical Center has an operating surplus of $3,484, compared to a $5.8 million loss at the same time last year.

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