Hospital Finances Healthy, Despite Sluggish Economy

Commentary By

Derrick A. Max

Derrick Max is Vice President of Policy at the Jefferson Forum and may be reached at dmax@jeffersonforum.org

Derrick A. Max

Derrick Max is Vice President of Policy at the Jefferson Forum and may be reached at dmax@jeffersonforum.org

Todd Hester

An ordained Presbyterian minister with over twenty years of service to the church. Originally from Travelers Rest, South Carolina, he received a BA in English from Furman University and an MDiv from Beeson Divinity School. He is formerly President and Founder of the Yorktown Foundation.

Commentary By

Mike Thompson

A new study issued by the Thomas Jefferson Institute shows that the overall finances of Virginia hospitals are healthy. While hospital profits remained flat since last year, hospital net worth has increased by $1.1 billion. More important is the bigger picture: Since 2012, hospital profits have risen from $1.58 billion to $1.89 billion, hospital net worth has risen from $14.75 billion to $17.8 billion, and the number of hospitals operating at a deficit has fallen from 42 to 27.

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