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AHA profits up nearly 20% in fiscal 2011
Modern Healthcare

The American Hospital Association reported an almost 20% rise in profits for fiscal 2011, according to tax documents.

“We had a solid year in 2011,” said Teri Fontenot, the AHA’s board chair, who is also president and CEO of 226-bed Woman’s Hospital in Baton Rouge, La. “We were able to manage expenditures the same way our members handle them daily in their hospitals.”