RAPID ASSESSMENT
About Chelyen Davis:
Chelyen Davis is health reporter for The Free Lance-Star
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.
