Beckers Hospital Review: Essentia Health's Operating Margin Dips Below 1% as Costs Mount

Duluth, Minn.-based Essentia Health's operating performance was negatively affected by multimillion-dollar expansion projects in fiscal year 2018, according to financial documents.

Essentia saw net patient revenue grow almost 4 percent year over year to $2 billion in fiscal 2018. However, cost outpaced revenue growth, as total operating expenses climbed to $2.1 billion in fiscal 2018. As a result, Essentia's operating margin fell from 1.7 percent in fiscal 2017 to half a percent in 2018.

Click here to read the full article...

Using tevixMD
for every patient:


Reduces claim denials
by over 50%


Increases patient payments by over 25%

Improves front & back-end workflow/eliminates errors

Find Out How...

Recent Posts

Immediately Increase Patient Payments &
Prevent Claims Denials

Using the Most Accurate Patient Data Available

tevixMD Clients have

EVERYTHING necessary

to know...

How Much to Collect,

From Whom

and When

Find Out How...

Home  |  Support  |  Contact  |  Privacy Policy  |  Legal Notice



All content on this site is © Copyright tevixMD Corporation.  All rights reserved.  No duplication is allowed without prior written permission.
  tevix™, tevixMD™, tevixPAS™, tevixPAY™, tevix Patient Payment OUTREACH™, tevix OUTREACH™,  tevix transfer AGENT, tevix INTEGRATOR™, Patient Admit System™ and Every Patient, Every Time™ are registered trademarks of tevixMD Corporation.