Milford Regional Annual Report Released

MILFORD, MA- Milford Regional Medical Center released its 2018 report to the community. The report highlights different areas of achievement for the hospital throughout the year as well as the overall financial state.

The hospital's total operating revenues increased by just over $5 million, going from $270,039,078 in 2017 to $275,823,556 in 2018. The total operating expenses increased as well by about $8 million, going from $271,915,360 in 2017 to $280,254,652 in 2018.

On the annual reports website, achievements are separated into three different categories: Technology, Treatment and Physicians.

In technological achievements the hospital invested in a new robotic surgical system called the da Vinci Xi. The robot replaces the da Vinci Si, which the Medical Center introduced to the community in 2013, and provides patients with fewer and smaller incisions, less pain, less blood loss, shorter hospital stays and faster recovery. Milford Regional also expanded ultrasound services and implemented a new vascular lab with the acquisition of the Park Flow Lab. The hospital's patient portal was updated and enhanced as well.

The hospital's cancer treatment center celebrated its ten-year anniversary and acquired a second linear accelerator. The machine provides pinpoint accuracy to radiate tumors while minimizing exposure to surrounding healthy tissues. Milford Regional's Center for Weight Loss Surgery met all criteria required by the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program to achieve a Comprehensive Center accreditation as well. The hospital as a whole was recognized by the American Heart Association for its commitment to ensuring stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines based on the latest scientific evidence.

Milford Regional added 34 new physicians to its list of staff in 2018.

View the full report here.

(For more news and information like this, subscribe to the Milford Patch for free. If you have an iPhone, click here to get the free Patch iPhone app; download the free Patch Android app here. Don't forget to like us on Facebook! Got a news tip? Email samantha.mercado@patch.com)

Photo Credit: Shutterstock