A break-out of Sentara’s operating income shows the health system raked in $190.4 million in operating income and had $2.21 billion in net assets in 2010. Sentara’s improved financial status can be attributed to increased revenue from patient services and additional income from the health system’s health plan, Optima Health.
Sentara’s acquisition of Potomac Hospital in Woodbridge, Va., may have also contributed to the health system’s increased income. Sentara acquired Potomac Hospital in late 2009 for $92 million, increasing its network of hospitals to 10 facilities.
Read the Virginian-Pilot news report about Sentara Healthcare’s financial results.
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