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California Hospitals Report Mixed Financial Results for the Twelve Months Ended June 30, 2009

First few Article Sentences

California hospitals reported mixed financial results for the twelve months ended June 30, 2009. Figures compiled by the California Healthcare News on the largest fifty hospitals1 (see report on the next page) show healthy pre-tax net income for some while others reported substantial losses. Overall, 18 of the 50 hospitals, or 36%, reported a pre-tax net loss. The highest pre-tax net income was reported by the University of California, San Diego Medical Center with $209,054,430. The largest pre-tax net loss, totaling $115,515,001, was reported by Stanford University Hospital.


Peel, David

 

California Healthcare News

Hospital Financials

February 1, 2010

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