Boca Raton Regional Hospital earnings down as it considers merger

Boca Raton Regional Hospital had lower profits in its fiscal third quarter as it considers a partnership or merger with two South Florida health systems. The nonprofit hospital had net income of $2.8 million for the quarter ended March 31, compared to net income of $5.9 million in the same quarter a year ago, according to a report to bondholders. While its revenue increased to $142.6 million, from $136.6 million, BRRH’s expenses also grew. The co st of supplies increased 13.7 percent, which includes…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news