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Hospital finance panel supports 5-year plan


WILLMAR -- Rice Memorial Hospital will aim for at least a 2 percent annual profit margin for the next five years and will continue to build up its debt capacity to take on new projects.

These two goals are contained in a five-year financial plan that received an endorsement Friday from the finance committee of the hospital board of directors.

The committee will recommend approval of the plan to the full board, which meets Aug. 15.

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Anne Polta

Anne Polta covers health care, business/economic development and general assignment. Her HealthBeat blog can be found at Follow her on Twitter at @AnnePolta.

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