"For profit" hospitals also look to the community for taxpayer assistance, regardless of the 14 million dollar profit made last year. BD
FORT PIERCE — Lawnwood Regional Medical Center & Heart Institute's profit leaped 73 percent last year, raising questions anew about why the hospital needs an annual $7 million stipend from St. Lucie County taxpayers to build a trauma facility.
But Lawnwood Regional officials say they've already invested the hospital's $14.4 million profit in renovating and expanding its emergency department and upgrading other areas of the hospital.
Lawnwood Regional's 2006 profit was the highest of any of the 10 HCA or Tenet Healthcare Corp. hospitals in Palm Beach County and the Treasure Coast, according to audited financial statements from the Florida Agency for Health Care Administration.
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Math–This Could be a Subject for Michael Moore to Explore and Document In a Movie
Screenings Too–Killer Algorithms Part 12–Medical Billing Codes Style
Assessing Consumer Credit Scores–Attack of the Killer Algorithms Chapter 21 With Flawed Data
Duping” Society Combined With A World of Rogue Algorithms & Flawed Data Continues In Markets As Seen With Knight Capital This Week-Attack of the Killer Algorithms Chapter 36
Study Fraud With EHR Technologies, Namely Medical Records/Billing Software Used by Hospitals– HHS And SEC Continue Getting Their Non-Algorithmic Fannies Kicked–Attack of the Killer Algorithms Chapter 46
SilverScript Senior Drug Program Sanctioned by Medicare Until the Payment And Billing Algorithms are Cleaned Up-Killer Algorithms Chapter 53
