Hospital Profits Decline to $17B in 2008, AHA Says
The 5,010 community hospitals in the U.S. had profits of $17 billion in 2008, down from $43.1 billion in 2007, according to the American Hospital Association's 2010 Statistics Guide. The report found that community hospitals claimed revenue of $643.6 billion versus total expenses of $626.6 billion. AHA also reported that community hospital admissions in 2008 increased by 400,000 over 2007, to 35.8 million.
- "AHA: Hospitals' Profits Fell to $17B in 2008" (Commins/Masterson, HealthLeaders Media, 11/11).