CENTERS for

Budget Planning

December 2015

Jefferson Journal:  Hospital Finances Show a Profitable Industry
Jefferson Journal: Hospital Finances Show a Profitable Industry — By Michael Thompson  Once again, the financial numbers from the hospital industry show that it is doing very well overall.  Close to 80% of the hospitals in our state are profitable.  The number of hospitals running operating deficits has decreased each of the last three years.  And the numbers laid out in our new study show that in the most recent year-over-year figures, the hospitals as a whole enjoyed a profit of 8.6%.  (12/18/2015)  Read It Here!

November 2015

How Are Virginia's Hospitals Doing Today -- A Review of Hospital Finances
How Are Virginia's Hospitals Doing Today -- A Review of Hospital Finances — Virginia's hospitals are lobbying in favor of Medicaid expansion, arguing that they need the extra revenue to survive.  Yet, their own filings show that the combined profit of reporting hospitals is more than $1.7 billion, and their net worth is more than $16 billion -- both double digit growth over last year.  Read It Here!

September 2015

New Report:  Reform Youth Prison System With Community Reforms
New Report: Reform Youth Prison System With Community Reforms — The Thomas Jefferson Institute, Justice Fellowship and Right on Crime issued a report highlighting new research aimed at finding meaningful solutions for Virginia's juvenile justice system.  These recommendations would advance public safety, reduce costs for taxpayers and improve proportionality of punishment for youth while providing greater tools for restoration of the whole community. (9/25/2015)  Read It Here!

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