Honolulu-based Hawai'i Pacific Health recorded net income of $97.19 million in fiscal year 2017, up 69 percent from $57.57 million in the previous fiscal year.
Here are three things to know.
1. The increase in net income came as expenses increased, according to recent financial filings. Hawai'i Pacific Health's expenses totaled $1.23 billion in the fiscal year ended June 30, up from $1.18 billion in fiscal year 2016.
2. At the same time, the health system's revenue rose 3.5 percent to $1.29 billion in 2017, up from $1.25 billion in the previous year.
3. Hawai'i Pacific Health ended fiscal year 2017 with operating income of $57.33 million, down from $68.04 million in the year prior.
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