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Rice Hospital earns net profit for 2008


WILLMAR -- The financial picture at Rice Memorial Hospital is brightening slowly but steadily.

According to its official audit, the city-owned hospital earned a net return last year of just under $1 million. Its cash position also has improved significantly.

Members of the finance committee of the hospital board of directors reviewed the numbers Friday. The audit report goes to the full board April 14 for its approval.

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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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