In the three months ended Dec. 31, OhioHealth reported net operating revenue of $1.15 billion, an increase from the $1.06 billion reported in the second quarter of fiscal 2019.
In the second quarter, OhioHealth reported a net operating income of $71.21 million, up nearly 1.7 percent from the $70.03 million reported in the same period in fiscal 2019.
OhioHealth attributed the uptick in net operating income to patient volume growth in both the inpatient and outpatient settings, along with a successful cost management program.
OhioHealth recorded nonoperating income of $223.21 million for the second quarter of fiscal 2020, compared to an operating loss of $252.63 million in the same quarter a year prior.
The system ended the quarter with a net income of $294.43 million. This compares to a net loss of $182.6 million in the second quarter of fiscal 2019.
In the first half of fiscal 2020, OhioHealth recorded net income of $376.96 million, up from a $30.73 million net loss in the same period one year prior.
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