Big Nevada hospitals show profits, some smaller ones lose money

Brendan Riley

Friday, Sept. 29, 2000 | 9:10 a.m.

CARSON CITY - Nevada's biggest hospitals all made profits last year. But a new report shows several mid-size and small hospitals lost money.

The report Thursday from the state Health Care Financial Analysis Unit shows the "Big Six" hospitals in Reno and Las Vegas had a combined $56.9 million profit in 1999. Small urban hospitals made a combined $2.5 million, and rural hospitals had an overall profit of $1.2 million.

Combining those three figures produces a statewide net operating revenue total of $60.6 million. That's up 10 percent from about $50 million statewide in 1998.

The most profitable hospital in the state last year was Sunrise Hospital and Medical Center in Las Vegas, accounting for $29.8 million of the total for "Big Six" hospitals.

Next in line was Valley Hospital Medical Center in Las Vegas at $8.5 million; followed by Saint Mary's Regional Medical Center in Reno, with $7.1 million in net income; and University Medical Center in Las Vegas with $6.4 million in net income.

Washoe Medical Center in Reno reported $4.5 million in net income; followed by Desert Springs Hospital in southern Nevada with $542,416.

The net income or loss for Nevada's small urban and rural hospitals includes: