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Memo 1075 ( December 2003 ) 16 pages

Michigan Hospital Finances: Fiscal Years 1998-2002

During the five years from 1998 to 2002, Michigan hospitals in total experienced a steady decline in financial status resulting from growing contractual allowances and discounts, operating expenses which grew faster than net patient revenues, and the effects of a weakened economy on investment and contributory income.
Memo 1075 ( December 2003 ) 16 pages

Michigan Hospital Finances: Fiscal Years 1998-2002

During the five years from 1998 to 2002, Michigan hospitals in total experienced a steady decline in financial status resulting from growing contractual allowances and discounts, operating expenses which grew faster than net patient revenues, and the effects of a weakened economy on investment and contributory income.

Stay informed of new research published and other Citizens Research Council news.
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