Stanford University Reports Hospital Finances for FY 2011
On Friday, Stanford University reported its fiscal year 2011 financial results that include the university, Stanford Hospital and Clinics, and Lucile Packard Children's Hospital at Stanford. Net assets of the hospitals for FY 2011 increased by $589 million from the previous year to $2.6 billion, and the hospitals had a combined operating surplus of $259 million.
- "Stanford Revenue Up 7% to $3.8B for Fiscal Year 2011" (Silicon Valley/San Jose Business Journal, 12/16).