The health system, which has dual headquarters in Milwaukee and Downers Grove, Ill., saw its revenue increase to $3.5 billion in the quarter ending June 30. This is a 20 percent increase over the same period last year.
Advocate Aurora saw its expenses rise 5.1 percent to $3.3 billion in the second quarter of 2021, compared to the same period last year.
After factoring in nonrecurring losses of $13 million, the health system posted an operating income of $213.7 million in the three months ending June 30. In the same period last year with nonrecurring losses, Advocate Aurora posted an operating loss of $217 million.
In the second quarter of 2021, Advocate Aurora posted a nonoperating gain of $545.6 million. Last year, the health system had a nonoperating gain of $627.5 million.
The health system ended the second quarter of 2021 with a net income of $738.8 million. In the same quarter of 2020, Advocate Aurora posted a net income of $407.9 million.
Advocate Aurora said it did not receive any COVID-19 relief funding nor any employee retention tax credits in the three-month period ending June 30.
