The 67-hospital system — which formed after Charlotte-based Atrium Health merged with Milwaukee and Downers Grove, Ill.-based Advocate Aurora Health in December 2022 — posted a net income of $2.2 billion for the year ended Dec. 31.
The system posted $31.7 billion in total revenue and $31.1 billion in total expenses, according to the report. It posted a total nonoperating income of $1.6 billion.
Here is a breakdown of the nine-month results by division:
Advocate Aurora Health
Revenue: $15.8 billion
Expenses: $15.7 billion
Operating income: $71.6 million
Atrium Health Wake Forest Baptist
Revenue: $4.7 billion
Expenses: $4.5 billion
Operating income: $171.3 million
The Charlotte-Mecklenburg Hospital Authority Combined Group
Revenue: $9.2 billion
Expenses: $8.6 billion
Operating income: $534 million
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