Intelligence Unit
Special Reports
Special Events
Subscribe
Sponsored
Departments
- Leadership
- Finance
- Technology
- Physicians
- Community Hospitals
- Health Plans
- Marketing
- Quality
- Nursing
- HR
Follow Us
Boca Raton (FL) hospital still struggling, expects another loss
South Florida Sun-Sentinel, June 10, 2008
After experiencing a $42 million operating loss, Boca Raton (FL) Community Hospital continues to struggle financially, and a turnaround isn't expected for up to two years. The nonprofit hospital again will lose money this fiscal year, and layoffs could occur as the hospital adjusts to a decline in patients. In the past six months, however, the hospital has made progress and should make up some $23 million over last fiscal year, said Chief Executive Officer Richard Van Lith. The hospital improved its billing system, hired nurses instead of using temps, and took control of spending on medical products. In addition, executives are bolstering hospital programs and services to draw patients.
Most Viewed
Most Emailed
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- Don't Let Nurses Sink Your Bottom Line
- Fortunately, Angelina Jolie Isn't On Medicare
- Hospitals Profit On Bloodstream Infections
- Less Blood Testing for Some Surgeries Safe, Cost Effective
- How Chargemaster Data May Affect Hospital Revenue
- Primary Care Docs Average More Hospital Revenue Than Specialists
- Lower ED Margins Demand a Better Strategy
- House Lawmakers Grill CMS Over Health Exchange Navigators
- ED Physicians Key to Half of Hospital Admissions
