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How's your Hospital today?
According to statistics from the American Hospital Association, the nation's 5,010 nonfederal community hospitals' overall profit dropped 61% from fiscal year 2007. The recession caused a $20.5 billion slide in providers' investment portfolios. Nonfederal community hospitals posted an overall profit in fiscal 2008 of $17 billion. Community hostpials' overall profit margin in fiscal 2008 was 2.6%. If you are a hosptial or health system with questions, please contact us for a free consultation.
