Baxter Regional Medical Center in Mountain Home, Ark., netted $2.2 million in revenue over expenditures for the second half of the fiscal year, according to a Baxter Bulletin report.
The net revenue is a significant improvement for the cash-strapped hospital that has struggled to stay viable since 2007. Officials said the hospital could potentially end the fiscal year in the black, according to the report.
A number of cost-cutting measures attributed to the financial improvement, including stable patient admissions, improved billing and purchasing power and some downsizing.
Read the news report about Baxter Regional Medical Center's financials.
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The net revenue is a significant improvement for the cash-strapped hospital that has struggled to stay viable since 2007. Officials said the hospital could potentially end the fiscal year in the black, according to the report.
A number of cost-cutting measures attributed to the financial improvement, including stable patient admissions, improved billing and purchasing power and some downsizing.
Read the news report about Baxter Regional Medical Center's financials.
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