University of Iowa Hospitals and Clinics expect to end the year with a $65 million profit, according to a Press-Citizen news report.
The forecast would represent a 6 percent operating margin, amounting to twice the operating goal for the year. Healthcare officials attribute the wide operating margin to a high volume of emergency department admissions and surgeries, according to the news report.
Officials hope continued financial success will allow the health system embark on new construction projects, including two new hospital towers.
Read the news report about UIHC's end-year profit.
Read other coverage about our top 50 hospitals:
- Vanderbilt University Medical Center Nurses Train, Deliver Care Through Virtual World and Avatars
- Brigham & Women's Performs First Full-Face Transplant in the U.S.
- Hackensack University Medical Center Opens Heart and Vascular Hospital
The forecast would represent a 6 percent operating margin, amounting to twice the operating goal for the year. Healthcare officials attribute the wide operating margin to a high volume of emergency department admissions and surgeries, according to the news report.
Officials hope continued financial success will allow the health system embark on new construction projects, including two new hospital towers.
Read the news report about UIHC's end-year profit.
Read other coverage about our top 50 hospitals:
- Vanderbilt University Medical Center Nurses Train, Deliver Care Through Virtual World and Avatars
- Brigham & Women's Performs First Full-Face Transplant in the U.S.
- Hackensack University Medical Center Opens Heart and Vascular Hospital