Medical economics
Nonprofit hospitals use proceeds to boost cash reserves rather than provide more charity care, new report shows
A recent survey found that 41% of adults in the U.S. have debt caused by medical or dental bills.
Jun 6, 2023
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News tagged with operating profit
Health
Federal subsidies kept COVID-strapped hospitals financially stable in 2020, first year of pandemic
Subsidies from the federal government kept hospitals across the U.S. afloat during the first year of the COVID-19 pandemic, effectively defraying income loss even for the most vulnerable medical centers, researchers from ...
May 13, 2022
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Other
Novo Nordisk raises profit forecast as earnings jump
The world's largest insulin maker, Novo Nordisk, raised Thursday its annual profit guidance after net profit jumped by 29 percent in the third quarter.
Oct 29, 2015
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Other
Novartis Q4 net profit rises to $2.0 billion
Swiss drug maker Novartis AG reported a 2 percent rise in fourth-quarter net profit Wednesday, helped by delays in generic competition to its blockbuster drugs.
Jan 29, 2014
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Other
Bayer says new products push profits higher in Q3
German chemicals and pharmaceuticals group Bayer, maker of Aspirin, said on Thursday that new pharmaceutical products and favourable agrochemical prices gave profits a fillip in the third quarter.
Oct 31, 2013
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Medications
Insulin gives Denmark's Novo Nordisk a Q1 boost
(AP)—Danish pharmaceutical company Novo Nordisk A/S says first-quarter net profit rose 28 percent on strong sales of its diabetic drugs.
May 1, 2013
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Other
Danish Novo Nordisk profit surges
Danish pharmaceutical company Novo Nordisk A/S on Thursday reported a 23 percent growth in fourth-quarter net profit on strong sales of diabetic drugs and gave a positive outlook as regulators worldwide begin to approve its ...
Jan 31, 2013
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Profit (accounting)
Accounting profit is the difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise (whether by harvest, extraction, manufacture, or purchase) in terms of the component costs of delivered goods and/or services and any operating or other expenses.
A key difficulty in measuring profit is in defining costs. Pure economic monetary profits can be zero or negative even in competitive equilibrium when accounted monetized costs exceed monetized price.
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