Summary
Children's Hospital of Pittsburgh posted record earnings of $32.4 million for the budget year that ended June 30 -- up 12.1 percent from the $28.9 million in record-breaking gains made for the previous 12-month period.
"I can imagine that the headlines of the papers ... might read something like, 'Children's shows a record profit of $32 million,' " Children's Hospital CEO Roger Oxendale said during Children's annual meeting Wednesday at the Oakland hospital. "And there may be questions about, OK, when is enough, enough? When is too much profit, too much?"See the full content of this document
Extract
Children's Ceo Defends Record Earnings
Oxendale defended the highest-ever financial gains of his nonprofit hospital yesterday saying they are returned to...
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