AHN reported revenue of $3.07 billion in 2017, up nearly 8 percent from revenue of $2.8 billion in 2016. The health system’s expenses rose 5 percent year over year to $3.04 billion in 2017.
After factoring in nonoperating gains, the health system ended 2017 with net income of $51.1 million. That’s compared to a net loss of $40 million in 2016. This is the first time AHN has reported positive full-year earnings, according to the Tribune-Review.
AHN is a seven-hospital system and is a subsidiary of Pittsburgh-based Highmark Health.
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