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"We can begin fiscal year 2018 in a strong position if we continue the good stewardship and collaboration that has helped guide us through this financial turnaround." The consecutive positive margins included gains of .1 million in January, million in February, .8 million in March, 0,000 in April, .6 million in May, 24.2 million in June and .5 million in July.
He added that the center's total operating expense of 5 million was million, or 7 percent, below budget.
Operating margins are considered a key indicator of a hospital's financial health, even if they do not tell the whole story.
In a big turnaround, MD Anderson Cancer Center's operating expenses are in the black for the fiscal year that ends Aug. A positive August put the Houston research hospital million up.
Over a 16-month period that ended in December, the center had lost nearly 0 million.