The health system, which includes nine hospital campuses, saw its operating income hit $92.9 million in the first six months of 2021. In the same period last year, Geisinger’s operating income was $17.4 million.
In the six months ending June 30, Geisinger posted revenue of $3.2 billion, up from $3.1 billion recorded in the same period last year. Expenses for the health system remained relatively flat year over year, growing just 0.1 percent to $3.1 billion.
After factoring in investment gains, Geisinger ended the first six months of this year with a net income of $422.9 million. In the same period last year, Geisiger recorded a net loss of $180.7 million.
