Net Income, Revenue Up at Catholic Healthcare West
On Friday, Catholic Healthcare West reported a net income of $917 million for the fiscal year that ended on June 30, up byÂ nearly 90% from the previous year's total net income of $485 million. The hospital system also reported total revenue of $10.6 billion for FY 2011, up byÂ almost 13% from the previous year's total revenue of $9.4 billion.
- "Nonprofit CHW Posts $917M in Profits on $10.6 Billion in 2011 Revenue" (Rauber, San Francisco Business Times, 9/30).
- "Mercy Parent Nets Almost $1B in 2011" (Robertson, Sacramento Business Journal, 9/30).