Texas Health Resources reported operating revenue of $3.5 billion in the first nine months of 2018, up 2.2 percent from $3.43 billion in the same period a year earlier. But the system also saw higher expenses. Texas Health Resources’ expenses grew 2.5 percent year over year, from $3.25 billion to $3.34 billion.
The system ended the first nine months of 2018 with operating income of $168.7 million, down from $174.5 million in the same period of last year.
With nonoperating gains factored in, Texas Health Resources ended the first nine months of this year with net income of $333.4 million, down 45 percent from $605.3 million in the same period a year prior.
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