All Children’s Hospital reported increased operating revenue for the three months ending March 31, but operating income and margin dropped some.
The St. Petersburg nonprofit hospital posted revenue of $102.1 million, compared to $96.4 million in the same quarter a year ago, according to a report to bondholders.
Operating income was $6.7 million compared to $7 million in the third quarter last year. The decrease is a result of increased employee compensation and benefit costs and purchased services.
Total…
All Children’s Hospital reported increased operating revenue for the three months ending March 31, but operating income and margin dropped some.
The St. Petersburg nonprofit hospital posted revenue of $102.1 million, compared to $96.4 million in the same quarter a year ago, according to a report to bondholders.
Operating income was $6.7 million compared to $7 million in the third quarter last year. The decrease is a result of increased employee compensation and benefit costs and purchased services.
Total…