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Article: Health care businesses' income up 5.4 percent
- Article from:
- Charleston Gazette
- Article date:
- September 24, 1999
CopyrightCopyright 1999 Charleston Gazette. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON - Health service businesses took in nearly $881
billion last year, a 5.4 percent increase from 1997, Census Bureau
figures show.
Hospitals made up the biggest share of health-related income at
$364 billion in 1998, up 4.5 percent from the year before, according
to the report being released today.
By comparison, health industry income had risen 4.5 percent in
1997 and 5.0 percent in 1996. For hospitals, the increases were 3.0
percent and 3.9 percent in those years.
The report said income for taxable physicians' offices and
clinics in 1998 was $189 billion, up 5.2 percent. It had risen 3.8
percent a year earlier.
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