The hospital’s chief administrative officer, Alex Town, told the Columbia Basin Herald that Samaritan “had a lot of [patients] not show up because of bad weather,” dragging down patient revenue.
At the same time, the hospital saw expenses fall. Combined with positive investment returns, Samaritan remained profitable in February.
More articles on healthcare finance:
Walmart increasingly comparing physicians over cost: 5 things to know
Arkansas hospital operator ousted over ‘real and present danger’ to assets
Dueling healthcare policy proposals spark $40B stock sell-off
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.