Thursday, December 17, 2009

Good gracious, looky here at these profits for Winchester Medical Center

Folks, just amazing of these (in excess of revenue) profit figures that just the Winchester Medical Center (not-for-profit) alone is producing since 2001 according to Quad State Business Journal was $11.8 million.

So ... here you go ...

2001 - $11.8 million 
2005 - $54,346,679 (per IRS990)
2006 - $57,422,678 (per IRS990)
2007 - $66,617,961 (per IRS990)

Folks, you read where The Pub documented that from 2001-2005, that was a 383% increase, well my goodness, from 2001-2007 that has risen even more so up to 460%.

You tell us what in the world in going on?  These numbers are getting to big for The Pub to even comprehend for this "not-for-profit" organization.  Please keep in mind, this is just Winchester Medical Center alone, there are many other revenue generating services that has not been factored in yet.

Reference this previous post:

Wednesday, October 14, 2009
Valley Health has made epic strides in Excess of Revenue (Profits) since 2001


Have an outstanding day!

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