Sarasota (Fla.) Memorial Health Care System reported $396.3 million in total operating revenue for the nine months ending June 30, representing a 7.7 percent increase from the same period in 2010, according to a Tampa Bay Business Journal report.
Similarly, the operating margin for the nine months ending June 30 was 6.5 percent, compared to 5.8 percent over the same period last year. The growth in operating revenue can be attributed to increased outpatient volumes, though inpatient volumes were lower this year.
Read the news report about Sarasota Memorial Health Care System's financial report.
Central Florida Hospital Profits Grew 24% in 2010
California's Salinas Valley Memorial Hospital Income Drops From $356M to $304M
Similarly, the operating margin for the nine months ending June 30 was 6.5 percent, compared to 5.8 percent over the same period last year. The growth in operating revenue can be attributed to increased outpatient volumes, though inpatient volumes were lower this year.
Read the news report about Sarasota Memorial Health Care System's financial report.
Related Articles on Hospital Finances:
Shriners Hospitals to End Free Medical Care Around the CountryCentral Florida Hospital Profits Grew 24% in 2010
California's Salinas Valley Memorial Hospital Income Drops From $356M to $304M