I found this article of interest and thought you might too:
Profit margins way up for Denver hospitals
Amy Fletcher Denver Business Journal
Denver-area hospitals nearly doubled their profit margins in 2000, according to a recently released report from the Colorado Hospital Association.
And while hospitals are still tallying up last year's results, Denver facilities were profitable in 2001.
After posting a 4.1 percent margin in 1999, Denver-area hospitals yielded an 8 percent profit margin in 2000, the most recent year for which data is available. National experts say hospitals need a 6 percent margin to maintain and update facilities, purchase new technology, provide charity care and new services and reduce debt....
.. But like every hospital in Denver, labor expenses continue to mount at Centura as it relies on such contract workers as traveling nurses to fill gaps. Some traveling nurses, for example, cost hospitals nearly twice as much as staff nurses.
Contract workers now comprise 10 percent of Centura's salary costs, up from 5 percent a year earlier. "It's really a problem for us," Picerno said, "because it's a very expensive cost of labor." ....
Interesting how they c/o contract labor and not mention of what the CEO makes.... I bet I could live like royalty on the bonus alone!