News Headlines Article

Dignity Health reports $17.4M operating loss
San Francisco Business Times

Dignity Health lost $17.4 million on operations in the first quarter of 2014, a huge swing from operating income of $42.3 million for the same quarter last year. Overall, the parent company to local Mercy hospitals reported net income of $65.6 million on revenue of almost $2.6 billion for the quarter. That’s down from net income of $248.1 million on revenue of $2.5 billion for the same period last year, according to company financial data posted on its website May 15.