The health system’s total unrestricted revenues for 2014 were $10.7 billion, up from $10.4 billion in 2013. However, Dignity’s expenses were up $400 million for 2014. The health system’s operating income for fiscal year 2014 was $227 million, down $84 million from 2013.
During the 2014 fiscal year, Dignity invested more than $684.5 million in capital projects, including the ongoing construction at Sequoia Hospital in Redwood City, Calif., construction of a patient tower for Chandler (Ariz.) Regional Medical Center, and construction of Phoenix-based Westgate Medical Center.
Dignity is a 39-hospital nonprofit health system, with 33 hospitals located in California, four in Arizona, and three in Nevada.
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