The following report was compiled by Principle Valuation, based on hospital financial reports obtained through the Municipal Securities Rulemaking Board's Electronic Municipal Market Access (EMMA) database. Staffed/available bed-size data comes from the American Hospital Association's AHA Guide, edition 2010 and 2011.
Danville, Pa.-based Geisinger Health System generated earnings of $399.2 million in 2011, up from $201.4 million in 2010. The hospital system reduced its total staffed beds by 53 over the course of the year, which led to an increase of earnings per bed of nearly 116 percent in 2011 when factoring in higher revenues. See the chart below for more information.
Massachusetts' Jordan Health Systems Revenue Up 3%
North Carolina's Northern Hospital of Surry County's Revenue Up 6%
Danville, Pa.-based Geisinger Health System generated earnings of $399.2 million in 2011, up from $201.4 million in 2010. The hospital system reduced its total staffed beds by 53 over the course of the year, which led to an increase of earnings per bed of nearly 116 percent in 2011 when factoring in higher revenues. See the chart below for more information.
More Articles on Hospital Earnings:
Arkansas' Baxter Regional Medical Center Releases Financial StatementMassachusetts' Jordan Health Systems Revenue Up 3%
North Carolina's Northern Hospital of Surry County's Revenue Up 6%