McLEAN IN THE NEWS
Partners Research Revenue Report Shows Strong Growth
June 30th, 2006
The Partners Research Revenue Report for the Month Ending May, 2006, continues to reflect positive growth trends in McLean's research program.
Fiscal year-to-date, our total research revenue is $1,934,000 ahead of this point in the previous fiscal year, and ahead of budget by $432,000. Indirect revenue, particularly important to the hospital's budget, is running $985,000 ahead of last year, and $247,000 ahead of budget.
Although no new research space has been added at McLean in the last twelve months, modified total direct cost revenue density grew 14.5 percent and overhead density grew 13.8 percent during the same period.