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.”
About Author
Bill Thompson, Jr. is a trial lawyer with extensive experience seeking compensation for serious harm caused by, among others, Hospitals, Physicians and other healthcare providers (Federal and State), Manufacturers of dangerous products and drugs (Ford, General Motors, Michelin, and pharmaceutical companies), Common Carriers (US Airways, Carnival Cruise Lines), Class Actions involving Data Breaches, product liability, Airline Crashes, and any other negligent act leading to harm for many. We have nationwide experience in State and Federal courts, traveling wherever significant cases merit. We are often asked to appear in cases by motion with local partners in places as varied as Michigan, Massachusetts, West Virginia, Pennsylvania, Georgia, and every jurisdiction in Florida.