A record number of patients were served by the University of Michigan Health System in the last year, and their satifaction with their care was at a record high, as well.
The U-of-M Health System briefed the university's Board of Regents today, saying it should break even financially when the fiscal year ends June 30th, with revenue of $2.37 billion.
Hospitals and Health Centers C-E-O Doug Strong told the regents that patient care activity was up 4.1 percent, revenue climbed nine percent, and and surveys indicated record-high patient satisfaction.
The regents also approved a 2014 fiscal year budget for U-of-M Health System that projects a six-point-three percent growth in revenue to $2.5 billion, a positive operating margin of point-eight percent, and seeing 4.5 percent more patients.