Due to a number of factors, including increases in discharges, emergency department visits and surgeries, Tampa General posted an operating surplus of $48.89 million for FY 2014, compared to the $31.36 million surplus it posted the prior year.
In addition, the hospital’s operating margin increased to 4.5 percent from the 3.1 percent margin it reported in FY 2013.
More articles on healthcare finance:
How the 2014 Governors’ races could influence Medicaid expansion
Driven by Sovaldi sales, Gilead’s profits up 246% in Q3
WellPoint’s operating revenue grows to $18.4B in Q3
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