Unity point st lukes inpatient rehab8/19/2023 ![]() Luke's is seeing higher outpatient volumes than inpatient volumes. ![]() On the other hand, its expenses also grew faster than the industry average, rising 7.8 percent, from $332 million in 2011 to $358 million in 2012.Īs with Mercy, St. Luke's serves as the mail-order pharmacy for UnityPoint, which means the hospital has a higher volume than most. Tax documents show that pharmacy revenue grew 11 percent, from $79 million to $87 million, between 20.Īunan said two factors have contributed to this growth - advances in health care mean more patients are being prescribed better drugs to treat concerns such as cancer and heart disease, as well as the fact that St. One large area of growth is the hospital's pharmacy services. The hospital reported revenues of $375 million in 2012, up from $352 million in 2011. Luke's revenues also are growing faster than the industry average - increasing 6.7 percent between 20, according to its 990 tax forms. Luke's begins to build a 10,000-square-foot radiation therapy facility that the hospital hopes to have open in late 2015. UnityPoint's access to capital and its solid credit rating will come in handy when St. You will begin to receive our Daily News updates. Add your contacts. It said that in 2013 UnityPoint posted an operating margin of 9.9 percent. 'Our debt has regular repayment schedules and we have more than sufficient cash flow to make those payments.”īecker's Healthcare, which provides information of the health care industry, including Becker's Hospital Review, listed UnityPoint Health among its 21 hospitals and health system with strong finances. 'Having some debt on the balance sheet is not a bad thing,” he said. Johnson said the amount of debt is appropriate for an organization the size of UnityPoint Health, which has an annual revenue base of about $3.6 billion and total assets of about $4.8 billion. Moody's commented that it was concerned over the January acquisition of Madison, Wis.-based Meriter Health Services and its Physicians Plus Insurance Corp., which it downgraded last September.īut Johnson said that Physicians Plus, which is now a direct subsidiary of UnityPoint Health, has a plan to improve its financial performance.Īs a whole, the system has $934 million of outstanding debt. Luke's Case Coordinator at 218.249.5351.'This may not be the case for a stand-alone facility that gets into financial difficulties.” Additionally, our unit is also DNV GL Healthcare certified, further highlighting our commitment to excellence.įor more information and admission questions, contact St. This represents the highest level of accreditation that can be given to an organization, ensuring that our patients receive top-quality care. Luke’s Inpatient Rehabilitation Unit is accredited as a Comprehensive Integrated Inpatient Rehabilitation Program and as a Stroke Specialty Program from the Commission on Accreditation of Rehabilitation Facilities (CARF). Our expert team is equipped to care for patients recovering from a wide range of issues, including traumatic brain injuries, spinal cord injuries, strokes and hip fractures. Luke's Inpatient Rehabilitation Unit (also known as Inpatient Rehabilitation Facilities or Acute Rehabilitation Unit), we provide specialized help for those in need of intensive rehabilitation and therapy. ![]() ![]() Recovery for neurological conditions, trauma injuries and moreĪt St. ![]()
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