Texas Health Resources reported revenues of $2.26 billion in the first half of 2017, up 2.9 percent from $2.2 billion in the same period of the year prior. However, higher expenses offset the system’s revenue gains. Texas Health Resources’ expenses grew from $2.04 billion in the first half of 2016 to $2.14 billion in the first six months of this year, a 4.9 percent year-over-year increase.
The system ended the first half of this year with operating income of $123.6 million, down 23 percent from $160 million in the same period of 2016.
After factoring in substantial investment gains, Texas Health Resources ended the first six months of 2017 with net income of $421.6 million, up from $215.4 million in the same period of the year prior.
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