Irving, Texas-based Christus Health saw operating income jump to $101.9 million in the first half of fiscal year 2018, up from $46.4 million reported in the same period a year prior.
Here are four things to know about the health system's results for the six months ended Dec. 31, 2017, according to recent financial documents.
1. The system posted revenues of $2.7 billion in the first half of 2018, compared to $2.3 billion reported in the same period for fiscal year 2017.
2. This growth is largely attributable to net patient service revenue, which climbed 15 percent year over year. Premium revenue also increased to $140.1 million in the six months ended Dec. 31, up from $96.1 million reported for the first half of 2017.
3. As revenues grew, Christus Health saw expenses rise from $2.3 billion in the first half of 2017 to $2.6 billion for the same period in 2018.
4. The system ended the first half of 2018 with $138 million in net income, up 26 percent from $109.7 million recorded for the first six months of 2017.
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