The 14-hospital system’s operating expenses grew to $2.2 billion for 2014, up from $2 billion in 2013. Although Baptist Memorial had budgeted its revenue would increase this year, its revenue remained the same for 2013 and 2014 at $1.9 billion.
The system’s net loss for fiscal 2014 was $200.1 million, which was a significant change from the $20.5 million surplus Baptist Memorial reported in fiscal 2013.
