Healthcare Finances

healthcare finances
University of MN Wants More Money From Fairview Health Services

The StarTribune reports the University of Minnesota’s academic medical program is requesting more support from Fairview Health Services after its University Board of Regents voted to extend affiliation negotiations. The board voted to give notice of termination of the agreement, allowing the entities to move into continued talks through September…

healthcare finances
Monroe County Hospital (GA) Reports Smaller Losses

According to My Monroe County Reporter, Monroe County Hospital (GA) recorded an overall loss of $105,000 in March 2017. Monroe County’s gross revenue for March 2017 was $1.7 million. Despite the loss, the hospital’s finances were much improved from one year earlier in March 2016 when it posted a loss…

healthcare finances
Mountains Community Hospital Funding Approved

Mountains Community Hospital Funding Approved Mountain News is reporting that Mountains Community Hospital (MCH) had its property tax assessment bill approved by 92.33 percent of voters. Preliminary results of the Measure D election indicate that 3,456 ballots were cast in favor of the measure. The tax raises $2.7 million every…

healthcare finances
LifePoint Health Reports First Quarter 2017 Results

LifePoint Health Reports First Quarter 2017 Results LifePoint Health announced results for the first quarter ended March 31, 2017. For the first quarter ended March 31, 2017, consolidated revenues were $1,630.2 million, up 3.1 percent from $1,580.7 million for Q1 2016. Net income for Q1 2017 was $64.0 million, up…

healthcare finances
Tough Year for Cleveland Clinic Finances in 2016

Tough Year for Cleveland Clinic Finances in 2016 Crain’s Cleveland Business is reporting that Cleveland Clinic Health System showed a nearly 50 percent drop in operating income in 2016. In 2016, the Clinic posted $243 million in operating income (a 49.5 percent decrease from 2015) on eight billion dollars in…

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