Thursday, August 26, 2010

Vanguard Health's Q4 earnings rise

Vanguard Health Systems posted fiscal fourth-quarter net income of $2.8 million, up from $1.8 million a year ago.
Total revenues rose 3.9 percent to $858.4 million with patient service and premium revenues up from a year ago.

For its fiscal year that ended June 30, the Nashville-based hospital chain reported net loss attributable to its stockholders of $49.2 million vs. a net income of $28.6 million during the previous year.

Total full-year revenues rose 6 percent to $3.4 billion.

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