Health Management Profit Falls 25 Percent

 

U.S. hospital companies begin reporting quarterly results this week, and investors are hoping for an easing in unpaid medical bills, which depressed profit growth throughout 2006.

At Health Management, unpaid medical debt, including write-offs for indigent care and discounts for the uninsured, rose to 20.6 percent of revenue, compared with 19.5 percent a year earlier.

Source: Health Management Profit Falls 25 Percent