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Pardee Hospital posts gains despite looming budget losses
Pardee Hospital reports a resilient first third of the fiscal year with a net operating margin of 1.3 million and total margins of 1.5 million including investment income while projecting a 54 million dollar 10 year loss due to Medicare cuts, sequestration, and high indigent care costs. Major patient volumes rise across admissions ER visits and urgent care, as Park Ridge Health and Mission Hospital explore primary care bids that could affect Pardee.
MENTIONED IN THIS ARTICLE
Pardee Hospital
Finance Committee
Bill Smith
Smith
Pardee
Henderson County
Henderson
South Buncombe
Park Ridge Health
Long Shoals Road
Mission Hospital
Biltmore Park
Mission Pardee Health
Mission
Asheville