R.I. hospitals return to operating loss in FY2013

THE HOSPITAL ASSOCIATION OF RHODE ISLAND has released a report that shows the state's acute-care hospitals lost a combined $58.7 million on operations in fiscal year 2013, the second time that the group has recorded an operating loss.
THE HOSPITAL ASSOCIATION OF RHODE ISLAND has released a report that shows the state's acute-care hospitals lost a combined $58.7 million on operations in fiscal year 2013, the second time that the group has recorded an operating loss.
PROVIDENCE – Rhode Island’s hospitals posted a collective operating loss in fiscal year 2013, the second time such a loss has occurred (the previous occurrence was in fiscal 2011). The loss totaled $58.7 million, which represented an operating margin of -2 percent. Eight of the eleven acute-care hospitals in the state reported negative operating margins.…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -