The following six health systems recently released their financial statements for the first quarter of 2018.
1. Minneapolis-based Allina Health reported revenues of $1.05 billion in the first quarter of this year, up from $995.7 million in the same period of 2017. Allina ended the first quarter of 2018 with operating income of $9.4 million, up from $8.3 million in the same period of the year prior.
2. Fairview Health Services, a 12-hospital system based in Minneapolis, saw revenues climb 21.1 percent year over year to $1.4 billion in the first quarter of 2018. The system ended the first quarter of this year with operating income of $24.5 million, up from $23.9 million in the same period a year earlier.
3. Oakland, Calif.-based Kaiser Permanente saw revenues increase to $20.3 billion in the first quarter of this year, up from $18.1 billion in the same period of 2017. The system ended the first quarter of 2018 with operating income of $1.1 billion, up from $935 million in the same period of the year prior.
4. Rochester, Minn.-based Mayo Clinic reported revenues of $3.1 billion in the first quarter of this year, compared to $2.9 billion in the same period of 2017. Mayo's operating income nearly doubled year over year to $198 million in the first quarter of 2018.
5. Methodist Health System, a 10-hospital system based in Dallas, recorded revenues of $417.5 million in the first quarter of 2018, up from $397.7 million in the same period a year earlier. The system posted operating income of $45.3 million in the first quarter of this year, up 29 percent from $35.2 million in the same period a year earlier.
6. UPMC reported revenues of $4.6 billion in the first quarter of 2018, up from $3.7 billion in the same period a year earlier. The Pittsburgh-based system ended the first quarter of this year with operating income of $92 million, compared to operating income of $72 million in the same period of 2017.
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