Hospital Financial Data

Rhode Island Numbers

  • In 2008, the financial ‘health’ of RI’s hospitals deteriorated. Statewide profitability declined from 3.5% to 0.1%, and net worth fell 12%.
  • In FY 2007 (the most recent year for comparable data), RI’s hospitals’ financial condition was relatively favorable. Statewide, they were more profitable than hospitals in the Northeast (3.5% vs
    2.7%), and their net assets grew faster (15% vs 9%).
  • Rhode Island’s 13 private non-profit hospitals are a $3.0b dollar industry comprising 5.8% of the Gross State Product (in 2008). more

Data Table