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NFP Hospitals’ Revenue Growth Outpaced by Expense Growth Rate
Health Leaders Media

Expense growth for the not-for-profit hospital sector outpaced revenue growth in fiscal year 2013, says a Moody’s Investors Service report released Wednesday.

In its report, “Revenue Growth and Profitability Drop in US Not-for-Profit Hospital Preliminary Medians,” Moody’s says FY 2013 marks the second year in a row that the annual expense growth rate (4.6%) was higher than the annual revenue growth rate (4.1%).