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Potomac Hospital’s Parent Company Posts Higher Profits

Woodbridge, Va. — The new owners of Potomac Hospital saw a 50 percent increase in profits last year.

The 2009 acquisition of the hospital on Opitz Boulevard in Woodbridge, and a increase in Virginia’s Medicaid subscription plans helped Sentara Healthcare reach the increased profits, the HamptonRoads.com reports.

Sentara, a non-profit, posted $2.21 billion in net assets at the end of December, more than $300 million more than the year before.

The company donated $16.9 million to charity in 2010, according Pilotonline.com.

In addition to hospitals in Williamsburg and Virginia Beach, the company earlier this year also acquired hospitals in Charlottesville and Harrisonburg.

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