Home Must Reads OHSU operating income $9M over budget

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

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


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