New Jersey hospitals saw smallest profit margin in 3 years in 2012 (Star Ledger)

December 21, 2012 – New Jersey hospitals improved their operating margins last year, but investment losses and pension costs wiped away those gains, according to a report released Thursday by the New Jersey Hospital Association. That left state hospitals with their smallest profit margin in three years, and about one-third of New Jersey’s hospitals remain in the red, the report found. “The good news is our heads are above water,” said Sean Hopkins, senior vice president of health economics at the hospital association. “The bad news is we are still lagging behind other hospitals in the country.”

Link to Full Article: http://www.nj.com/news/index.ssf/2012/12/nj_hospitals_saw_smallest_prof.html

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