Non Profit news from FierceHealthFinance
News
U.S. community hospitals saw record profit increase in 2007
It's about time we got some good news: the American Hospital Association has released figures showing that U.S. community hospitals saw record profits in 2007. Net revenue grew at 6.7 percent while... Read more...
ALSO NOTED: Investment losses put UPMC in the red; Shriners St. Louis fires financial official over "irregularities"; and much
> It was bad financial news for the usually-profitable University of Pittsburgh Medical Center, which lost $7 million for the first nine months of fiscal 2008 after suffering steep losses on its... Read more...
Moody's shows little enthusiasm for non-profit hospital finances
It's tough to find there, buried within the careful language, but I think the net of the recent "special comment" from Moody's Investors Services might be that the agency is cautiously... Read more...
