University of Pittsburgh Medical Center profits take nose-dive
The University of Pittsburgh Medical Center posted a slim $5 million profit for fiscal 2008, down from a record $612 million profit the previous year. UPMC's investments returned a negative $128 million for the 12 months that ended June 30, dropping from a $403 million gain in fiscal 2007. The medical center's other core revenue generator—its hospitals, doctors and health insurance plans—also didn't do as well profit-wise compared with the previous year.
- Patient Harm Data to Remain on Medicare's Hospital Compare Site
- Quiet ORs Better for Patient Safety
- Tavenner Confirmed as CMS Administrator
- Leapfrog Hospital Safety Scores 'Depressing'
- CMS Seeks to 'Rapidly Reduce' Medicare Spending with $1B in Grants
- Building a Better Healthcare Board
- Hard-Nosed About Physician Teamwork
- Case Study: Advance Care Conversations
- Healthcare Leaders Sound Off on Organized Labor
- Esther Dyson's Population Health Dream