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Tampa General increases surplus, operating income in 2012

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Tampa General Hospital had a good year in 2012. In the fiscal year ending Sept. 30, the hospital had a total surplus of $49.5 million, more than twice the $22.8 million in the previous year. TGH’s operating income also increased, totaling $11.4 million in 2012 compared to $7.2 million in 2011. The hospital’s finances played a role in its creditworthiness rating and outlook by Fitch Ratings. Fitch assigned an A- long-term rating to $165 million in bonds to be issued next week by the Hillsborough…

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