Memorial Healthcare System in Florida Doubles Quarterly Profit

Memorial Healthcare System in southern Broward County, Fla., more than doubled profits in its second quarter compared with the same period last year, according to a report by South Florida Business Journal.

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Memorial Healthcare, which operates four public hospitals, earned $33.5 million on net revenue of $335.5 million in its second quarter, ending Oct. 31.

Occupancy declined to 60 percent in the quarter from 60.8 percent in the same period last year.

Read South Florida Business Journal’s report on Memorial Healthcare System.

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