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!