The report, which comes from the department’s Division of Health Care Financing and Policy, showed that Nevada hospitals earned more than $131.9 million on $4.7 billion in revenue. In 2008, state hospitals posted a cumulative margin of -0.81 percent, and that margin stayed in the red each year until 2012.
Nevada’s most profitable hospital was Northeastern Nevada Regional Hospital in Elko, which posted more than $41 million in profit last year. Brentwood, Tenn.-based LifePoint Hospitals owns NNRH. Saint Mary’s Regional Medical Center in Reno, which was sold to Ontario, Calif.-based Prime Healthcare Services by San Francisco-based Dignity Health, posted the biggest loss of any Nevada hospital in 2012 at $64.7 million.
Two other large for-profit hospital operators have a strong hold in Nevada. King of Prussia, Pa.-based Universal Health Services operates six acute-care hospitals in the state, while Nashville, Tenn.-based Hospital Corporation of America owns three.
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