University of Pittsburgh Medical Center net profit declines

Pittsburgh Post-Gazette, February 14, 2008
University of Pittsburgh Medical Center's net profit dropped 70 percent in the first six months of this fiscal year. The decrease is due largely to a sizable drop in its investment income, a $10 million outlay to a city tuition program and depreciation costs from the system's many improvement projects. Officials representing the system, however, are asking that attention be paid to a measure of cash flow showing the nonprofit earning $260 million before interest expense, depreciation and amortization.

MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2014 a division of BLR All rights reserved.