BJC HealthCare, a nonprofit system based in St. Louis, posted an operating surplus of $232.5 million for fiscal year 2014, up from $146 million in fiscal 2013.
The system's revenue rose to $4.1 billion in fiscal 2014 compared to $3.9 billion in the previous fiscal year. Net patient service revenue grew from $3.8 billion in FY 2013 to $3.9 billion in 2014.
BJC's expenses for FY 2014 were up 2.8 percent from 2013. However, the system's labor-related costs were down slightly in fiscal 2014.
Due to interest-related expenses, the system's total surplus for fiscal 2014 was down, falling to $269.6 million from $490.5 million in fiscal 2013.
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