Health Care Industry
Industry: Email Alert RSS FeedHospital profits highest in six years
Healthcare Financial Management, Feb, 2006
Despite a construction boom not seen in 50 years, hospitals reported an average 5.2 percent profit margin in 2004--the highest in six years--and 2005 margins are expected to be even higher, USA Today reported. According to the American Hospital Association, 25 percent of hospitals are in the red, down from about one-third in recent years.
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COPYRIGHT 2006 Healthcare Financial Management Association
COPYRIGHT 2006 Gale Group
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