New York United Hospital posts $54,803 August operating profit

By Caroline Salls

Pittsburgh, Oct. 5 - New York United Hospital Medical Center reported a $54,803 August operating profit on revenues of $514,857, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

The figures compare to a July operating loss of $547,737 on $2.47 million in revenues.

The net loss for August was $234,794, down from a $1.03 million July net loss.

Cash on Aug. 31 was $1.83 million, up slightly from $1.81 million at the end of July.

New York United filed for bankruptcy on Dec. 17, 2004. Its Chapter 11 case number is 04-23889.

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