Denver-area hospitals increase profits, with some reporting margins over 40%

Denver-area hospitals produced a combined income of nearly $1.3 billion in 2016 — a number that reflected significant gains for most local medical centers, some of which operated at margins above 40 percent, according to a biennial report released today. Health insurers also increased their profitability in 2016, according to the Colorado Health Market Review 2017, produced by Minneapolis-based analyst Allan Baumgarten, who uses information from Medicare cost reports submitted to the federal government…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news