Monday, November 18, 2013

Vermont Fletcher Allen Non-Profit Hospital 2013 Earnings 10% of Revenues Under Obamacare

From a review of the Electronic Municipal Market Access (EMMA), I found only one Non-Profit Hospital Organization headquartered in the State of Vermont with Net Assets at the most recent date reported of more than $400 mil.

Burlington-based Non-Profit Fletcher Allen's Bottom Line Profits were $90 mil in the most recent 9 Months ended June 2013, a very robust 10.0% of its $900 mil of Total Operating Revenues in the same period.

As a comparison, the Combined Bottom Line Profit Margin of the prestigious For-Profit 30 Dow Industrial companies was a lower 9.6% of their Total Revenues in the most recent year.