The system reported revenue of $940 million for the second quarter of FY 2015, up from revenue of $873.5 million for the same period of 2014. The system reported that its net patient service revenue increased to $875.5 million in the second quarter of this year, up from net patient service revenue of $824.1 million in the same period of 2014.
The system took a hit on its investments in the second quarter of FY 2015, but it still ended the quarter with a net surplus of $52.2 million. That’s down slightly from Allina’s net surplus of $53.8 million in the second quarter of 2014.
More articles on healthcare finance:
11 recent hospital outlook and rating actions
Sentara’s operating revenue gets boost from hospital acquisition
Erlanger fires 4 top administrators over ‘unacceptable fiscal management’
