Henry Ford Health Doubles Income in 2010

Detroit-based Henry Ford Health System earned $60.1 million in net income in 2010, up from $30.4 million in 2009, according to a news release by the health system.

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In 2010, the health system generated total revenue $4.08 billion, an increase of $115 million from $3.96 billion in 2009.

The system’s admissions rose 2.6 percent from 2009 to 2010.

Despite its financial success, the hospital said economic conditions continue to challenge the hospital as demand for uncompensated care grows. In 2010, Henry Ford provided nearly $200 million in uncompensated care, up 15 percent from $173 million in 2009.

Read the release on the Henry Ford Health System.

Read more coverage on Henry Ford Health System:

Henry Ford Wyandotte Hospital Names Rand O’Leary COO

Detroit’s Henry Ford Hospital Names Dr. Richard Smith VP of Physician Outreach and Partnerships

Henry Ford Health Spends $100M on EHR Upgrades

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