Rush University Medical Center's operating revenue and operating expenses grew at nearly the same rate during fiscal 2014, leaving the Chicago-based hospital system to report no change in its operating margin from the previous year.
Rush reported a fiscal 2014 operating margin of 4.2%, the same as in 2013, after operating revenue went up 7.2% and operating expenses rose 7.1%. The overall change in revenue, from $1.8 billion in 2013 to $2.0 billion for the year ended June 30, 2014, was driven by slightly higher admissions, increases in outpatient and physician practice-plan revenue, and greater utilization of key service lines that include cancer care.