Wyoming's Ivinson Memorial Posts $7.1M Gross Revenue, Surprising Financial Officers

Ivinson Memorial Hospital in Laramie, Wyo., has earned $7.1 million in gross revenue in April, surprising even the hospital's financial officers, according to a Laramie Boomerang news report.

CFO Karl Vilums says the hospital's financial outcomes for April are pretty rare. While the hospital's April 2011 gross revenue increased from $6.8 million from April 2010, the hospital also experienced an almost $1 million decrease in operational expenses.

The hospital's financial success in April comes just as hospital trustees prepare to meet with an architect for a master facility, according to the news report.

Read the news report about Ivinson Memorial Hospital.

Related Articles on Hospital Financial Performance:
Moody's Upgrades HCA From Junk-Level
Houston's University General Health Q1 Net Revenue Increases 50% to $15.7M
Lancaster General Hospital's Surplus Wanes

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars