The Daily

June 6, 2018

Lee Health profits “down”.

Interesting question: How does a non-profit suffer a 25% drop in profit and still earn a 3% profit (according to its own numbers)

“Ben Spence, the organization’s chief financial officer, said Lee Health will likely see an operating margin (or profit) of 2.9 percent by the end of the budget year on Sept. 30, compared to 4 percent last year — a 25 percent drop.”