The Christ Hospital’s transition to independence was a difficult one, as the hospital posted net patient revenue of $483 million, far lower than its expenses of $521 million in 2009. However, in fiscal year 2011, the hospital has grown its net patient revenue to $555 million and kept expenses at $533 million, according to the report.
The Christ Hospital attributes its improving finances to increasing physician employment and the number of outpatient centers.
Related Articles on The Christ Hospital:
The Christ Hospital in Ohio Implements Hemodialysis Interface with EMR
Christ Hospital in Ohio to Vote on Possible $100M Orthopedic Tower
Ohio’s Christ Hospital and Adams County Regional Renew Affiliation
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.