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Business
8:59 am
Mon August 20, 2012
Henry County Medical Center Posts Profit
By Dave Shinall and The Paris Post-Intelligencer
Henry County Medical Center turned a $287,000 profit in its 2011-2012 fiscal year. The Paris Post-Intelligencer reports that figure fell just short of the hospital’s goal of realizing a one percent profit. Still, it’s good news for hospital trustees. About half of U.S. hospitals are losing money. Hospital Administrator Tom Gee says it’s getting harder to turn a profit because of the sagging economy and the fact that fewer and fewer patients have medical insurance. He says about 20 percent of Henry County residents aren’t insured. The statewide average is 18 percent.
