Boca Raton Regional Hospital regained profitability in its most recent fiscal quarter.
The nonprofit hospital earned $7.1 million for the fiscal second quarter ended Dec. 31, compared to a $328,000 loss in the same period a year ago, according to a statement to bondholders. Its revenue climbed to $121.4 million from $113.1 million.
The greater revenue was due to higher patient volume, payment rate increases, and reimbursement from the graduate medical education program it runs with Florida Atlantic…
Boca Raton Regional Hospital regained profitability in its most recent fiscal quarter.
The nonprofit hospital earned $7.1 million for the fiscal second quarter ended Dec. 31, compared to a $328,000 loss in the same period a year ago, according to a statement to bondholders. Its revenue climbed to $121.4 million from $113.1 million.
The greater revenue was due to higher patient volume, payment rate increases, and reimbursement from the graduate medical education program it runs with Florida Atlantic…