Howard University Hospital posted $58 million loss last year

Howard University Hospital reported a $58 million loss in fiscal year 2014, dragging Howard University into the red for the year, a university treasurer’s report shows.

Without the hospital, the university alone had generated a profit of $13 million for the fiscal year. With the hospital’s $58 million loss, Howard University then reported a $44 million loss for the year.

The hospital attributed the loss, in part, to lower-than-expected operating revenue of $245 million. That was about $5 million…