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About Amy Umble:
Amy Umble is health reporter for The Free Lance-Star

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Profit down almost a third at MWH; Stafford cuts its loss nearly in half

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Stafford Hospital lost money again last year, though not as much as in 2009. Mary Washington Hospital saw its revenues and profit drop, though it still made $20 million.

Recently released financial data show that 2010 was a challenging year for Mary Washington Healthcare, though officials there remain optimistic.

Below is a brief summary of the two hospitals’ financial performance. For more details, look for the story here in Tuesday’s paper.

  2010 2009
MWH    
Revenues $522 $534
Expenses 502 505
Profit 20 29
     
STAFFORD    
Revenues $82 $50
Expenses 94 72
Loss -12 -22

Source: Municipal Securities Rulemaking Board.

All numbers are in millions.

Permalink: http://news.fredericksburg.com/rapidassessment/2011/04/25/profit-down-almost-one-third-at-mwh-stafford-cuts-its-loss/