News Headlines Article

CA Hospital Margins on the Rise
Health Leaders Media

An analytic tool launched Wednesday by the nation’s largest state hospital database reveals that California hospitals are slowly rebounding from the recession, with total margins rising from just above 3% in FY 2008 to 6% in 2010. A series of five-year charts from 2006-2010, specifically those reflecting total margin or net income margin, “shows us that in the last couple of years, hospitals made more of a profit, but we’re talking small profit,” says Ty Christensen, health program audit manager for the Office of Statewide Health Planning and Development.