A financial performance measure at Hill Country Memorial (HCM), a US community hospital and winner of the 2014 Baldrige National Quality Award, was Net Income and HCM’s target was to achieve results that place it among the top 25% in the US and outperform its direct competitor, Peterson Regional Medical Center (PRMC). In 2010 HCM achieved a Net Income of $9m against PRMC’s $4m. In 2011 HCM was in the red with -$14m against PRMC’s $7m. In 2012 HCM achieved $6m against PRMC at -$16m and the ...

BPIR Categories

15.3.1 Financial performance
15.6.11 Financial management

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