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Orlando-area hospital profits shrink, investments lose more than $900M - HealthLeaders Media

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AdventHealth and Orlando Health, the two largest hospital chains in Central Florida, lost a combined $837.3 million in the first quarter of 2020, with the losses so far coming from losing money in the stock market. Quarterly financial statements for bondholders reviewed by WMFE reveal a glimpse of how the COVID-19 pandemic impacted AdventHealth and Orlando Health. The key metric to watch is net income on operations – this is the profit hospitals make on day-to-day operations.

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June 06, 2020 at 09:45PM
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Orlando-area hospital profits shrink, investments lose more than $900M - HealthLeaders Media
"lose" - Google News
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