The New York Health Plan Association (NYHPA) has released a report entitled Dispelling the Myths - New York Hospital Finances: Another View - 2007. The report concludes that:

*Hospital finances have improved by $544 million overall from 2002-2004.

*In 2004, those hospitals with positive net incomes earned more than $871 million statewide.

*More than 62 percent of hospitals made money compared to 37 percent that either broke even or lost money.

*The profitable hospitals are getting more profitable and those losing money remain weak.