Some hospitals are making some big money....while others struggle...BD
Chicago's biggest hospitals are piling up record profits as elected officials continue to question whether the institutions dole out enough free care for the poor to justify their tax-free status.
University of Chicago Medical Center, Rush University Medical Center and Northwestern Memorial Hospital are among the large hospitals benefiting from a boost in federal health care dollars, lower malpractice costs and growing demand for profitable heart procedures and cancer care. Big hospitals that can pour money into new technologies and top doctors to beef up profitable services usually are rewarded with burnished reputations and more insured patients, says Lisa Martin, an analyst at Moody's Investors Service in New York.
Chicago Business News, Analysis & Articles | Hospitals' profits soaring to new highs | Crain's
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