CHI’s total operating revenue for FY 2014 was $13.9 billion, up from $10.7 billion in 2013. However, the health system’s expense for the year rose as well. CHI’s expenses for 2014 grew to $13.8 billion, up from $10.7 billion in FY 2013.
However, the health system posted a $639.6 million overall surplus for the year, due to a $259.6 million jump in investment income. CHI’s investment income rose from $488.8 million in 2013 to $748.4 million in 2014.
The health system spent $255.2 million on charity care in 2014, down from $320.7 million in 2013. According to the health system, the decline in charity care was due primarily to changes in payer mix as a result of the Patient Protection and Affordable Care Act.
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