Animated Loading
Having trouble loading this page? Get help troubleshooting.

Lifespan Posts FY'15 Net Loss; Grows Staff And Outpatient Visits

Published
Rhode Island’s largest health system posted a $9 million dollar net loss for the 2015 fiscal year. Those losses come in part from Lifespan’s behavioral...

Rhode Island’s largest health system posted a $9 million dollar net loss for the 2015 fiscal year. Those losses come in part from Lifespan’s behavioral health entity, Gateway Healthcare.

But total operating revenue is up slightly over the previous year, as are expenses.

In its most recent annual report, Lifespan details more growth: the addition of more than 200 employees, and a boost in the number of outpatient visits over last year.

The system spent less on charity care and other community benefits in fiscal year 2015 than the previous year, down from about $180 million dollars to $168 million. 

Lifespan Posts FY'15 Net Loss; Grows Staff And Outpatient Visits
Lifespan Posts FY'15 Net Loss; Grows Staff And Outpatient Visits