Henry Ford Health System Had $4.52B in Revenue in 2013

Detroit-based Henry Ford Health System's revenue grew from $4.48 billion in 2012 to $4.52 billion in 2013.

The health system's expenses also increased. Its benefits, supplies, plant operations, salaries and health plan expenses were all up in 2013.

Henry Ford Health System had a $12 million operating loss in 2013, which was partially attributable to the installation of its electronic health records system and a failed merger with Royal Oak, Mich.-based Beaumont Health System, according to a Detroit Free Press report.

However, the health system was still able to post a net income of $500,000 for the year due to the sale of its dialysis unit last August.

More Articles on Healthcare Industry Finances:

Regional Medical Center in Alabama Reports $1.2M Revenue Loss From Uncompensated Care Pay Cuts
CHE Trinity Health Operating Income Drops 28%
Highmark Health Posts $186M Operating Loss for 2013

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