Hospital's patient revenues grow

Posted: Tuesday, November 11, 2008

KENAI - Central Peninsula Hospital is expected to have another good year.

Chief Executive Officer Ryan Smith said in the past three years the hospital's gross patient revenues have grown from around $66 million a year to $111 million.

Smith said the outlook for fiscal year 2009 also could be a very good one for the medical facility.

The hospital, he said, generated a net of $4.3 million in the quarter, more than double the $2 million in the same quarter last year.

Smith said that a new dialysis center should be up and operating early next year.

And he said the hospital also is continuing its physician recruitment efforts, specifically in pediatrics.

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