Linkou Chang Gung Tops Profitability Rankings for 9th Consecutive Year; China Medical University Hospital Leads in Core Medical Operations

Central News Agency (Reporter: Chen Jie-Ling, Taipei, July 15) – The Bureau of National Health Insurance released financial reports for hospitals in 2024 (Year 113 of the ROC calendar) today. Linkou Chang Gung Memorial Hospital topped the list of most profitable hospitals for the ninth consecutive year, thanks to non-operating income such as dividends from Formosa Plastics. However, its surplus declined compared to the previous year due to a reduction in dividend income. When considering only core medical operations, China Medical University Hospital ranked first. Kaohsiung Medical University Gangshan Hospital recorded the largest deficit.

The Central Bureau of Health Insurance released financial data for 240 medical institutions in 2024 this afternoon. Analyzing overall surpluses, 90% of hospitals reported a surplus, while only 10% reported a deficit. When focusing solely on medical service revenue, 75% of hospitals generated a surplus from core medical operations, while 25% incurred losses.

The top three most profitable hospitals in 2024 remain unchanged from the past three years. Linkou Chang Gung Hospital recorded the highest overall surplus at NT$3.726 billion, down from NT$5.631 billion in 2023. Bureau Chief Secretary Liu Lin-Yi explained that the decline was due to a nearly NT$1.8 billion reduction in dividend income in 2024. Kaohsiung Chang Gung Hospital ranked second with NT$2.865 billion, followed by China Medical University Hospital with NT$2.389 billion.

Compared to 2023, Taipei Veterans General Hospital surpassed Taichung Veterans General Hospital to rank fourth with a surplus of NT$2.04 billion. Taichung Veterans dropped to fifth with NT$1.901 billion. Kaohsiung Medical University Hospital surged from eighth to sixth place, overtaking National Cheng Kung University Hospital and National Taiwan University Hospital, with a surplus of NT$1.652 billion.

Hospitals ranked 7th to 10th in overall surplus: National Taiwan University Hospital maintained 7th place with NT$1.612 billion; National Cheng Kung University Hospital dropped from 6th to 8th with NT$1.576 billion; Taoyuan Chang Gung remained 9th with NT$1.255 billion; Keelung Chang Gung fell out of the top 10, replaced by Chung Shan Medical University Hospital with NT$1.196 billion. Liu Lin-Yi noted that Keelung Chang Gung's revenue decline was also linked to reduced dividends.

Analyzing only medical service revenue, the top 20 hospitals recorded a combined surplus of NT$13.882 billion, up NT$394 million from NT$13.488 billion in 2023.

By hospital tier: over 90% of medical centers (20 out of 22) reported surpluses, with only 2 in deficit; nearly 80% of regional hospitals (65 out of 83) were profitable, while 18 reported losses; nearly 70% of local hospitals (89 out of 130) had surpluses, with 41 in deficit.

The top three in core medical operations remained unchanged from 2023. China Medical University Hospital led with NT$1.78 billion, marking 11 consecutive years at the top. Kaohsiung Medical University Hospital ranked second with NT$1.336 billion, and Taichung Veterans General Hospital third with NT$1.003 billion, making it the only public medical center in the top 10 for core medical profitability.

The hospital with the largest deficit in core medical operations was Kaohsiung Medical University Gangshan Hospital, with a loss of NT$676 million, followed by Pingtung-Rongmin Longquan Branch with NT$369 million. Liu Lin-Yi explained that both are newly established hospitals, with Gangshan Hospital only signing its NHI contract in April 2024, leading to high initial operating costs.

Other hospitals with significant deficits include: NTU Cancer Center (NT$363 million), E-Da Hospital (NT$322 million), NTU Hsinchu Branch and NTU Biomedical Hospital merger (NT$309 million), Dalin Tzu Chi Hospital (NT$283 million), Keelung Chang Gung (NT$196 million), Ho-Sin Cancer Center Hospital (NT$185 million), Tatung Hospital (NT$149 million), and Tzu Chi Hospital (NT$135 million). (Editor: Long Bo-An) 1150715