Ohio State Wexner Medical Center widens profits on $3.4B revenue – 'Our best year ever'

Although its top executive abruptly resigned in the final month of the fiscal year, Ohio State University Wexner Medical Center turned in its best financial performance in its history. The hospital system and medical college had an operating margin of $302 million on $3.41 billion in revenue for the year ended June 30. While revenue increased 7 percent over 2016, the 8.8 percent margin was 29 percent wider than the prior year, and beat budget goals by $88 million. “This is th e strongest financial…
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