目的：以医联体下成都市某二级公立医院的财务运行状况为视角，探讨枢纽医院的发展现况，为相关研究提供参考。方法：运用杜邦分析法对A医院2011-2014年的财务状况进行分析.结果：A医院净资产收益率逐年增加，医院经营实现扭亏为盈；资产负债率从2013年开始呈下降态势，但仍高于公认的临界值。在牵头医院的帮助下，A医院医疗水平不断提升，经济效益得到提高，各种财务指标向好发展。结论：医联体为A医院的长远可持续发展提供了充足的动力。

Objective:To discusse the current situation of hub hospital from the objective of financial condition of a secondary public hospital under the medical consortium in chengdu, and to provide reference for related research. Methods:Using DuPont analysis of the finacial situation of hospital from 2011 to 2014. Results:A hospital ROE increased year by year,the hospital management to achieve profitability;asset-liability ratio from the beginning of a downward trend in 2013,but still higher than the accepted threshold. With the help of the lead hospital,the medical level and economic efficiency of A were improved,a variety of financial indicators were positively development. Conclusion:Medical consortium could provide long-term sustainable power for the development of A hospital.