Sponsored by Energy Trust

OHSU operating income $9M over budget

| Print |  Email
Must Reads
Thursday, April 05, 2012

Oregon Health & Science University reported $36 million in operating income, $9 million more than anticipated.

At the same time, revenue decreased by $4 million, which was offset by a $13 million reduction in expenses, Lawrence Furnstahl, chief financial officer, told the board. Those figures include a $14 million cut in Medicaid reimbursement and the end of stimulus funding – both of which were offset by increases in grant awards and patient activity, which grew by 8 percent since last July.
“If we're a little behind or off in our timing in one place, we're bringing it up in another place,” Furnstahl said.

Read more at The Lund Report.

{biztweet}OHSU operating income{/biztweet}

 

 

Comments   

 
Abe
0 #1 Abe 2012-04-05 12:04:34
Are refunds in order?
Quote | Report to administrator
 

More Articles

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


Read more...

Justice for All

January-Powerbook 2015
Thursday, December 11, 2014
BY JESSICA RIDGWAY

Lawger upends the typical hourly based fee model by letting clients determine the cost.


Read more...

Healthcare pullback

News
Thursday, November 20, 2014
112014-boehnercare-thumbBY JASON NORRIS | OB CONTRIBUTOR

Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).


Read more...

The short list: 5 companies making a mint off kale

The Latest
Thursday, November 20, 2014
kale-thumbnailBY OB STAFF

Farmers, grocery stores and food processors cash in on kale.


Read more...

See How They Run

January-Powerbook 2015
Friday, December 12, 2014
BY LINDA BAKER

Studying ground-running birds, a group that ranks among nature's speediest and most agile bipedal runners, to build a faster robot.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS