Revenue Up, Expenses Higher, Hospital Reports Sizable Loss
Sara Brown

Citing a decline in use and changes to the health insurance industry, the Martha’s Vineyard Hospital is reporting an operating loss for 2011, the first unprofitable year in about a decade, the hospital said.

The hospital reported an operations income loss of $591,855 from April 2011 to April 2012. While total revenue was up from the previous year, expenses also increased at a higher rate.

Read More

Pages