The system, which operates 20 hospitals in its home state as well as Wisconsin and Illinois, and 19 community network hospitals, reported revenue of $1.1 billion in the period, up from the previous year, while expenses rose just 1 percent.
Overall income totaled $69.9 million versus a net loss of $140.4 million last year.
UnityPoint Health said in the filing it aims to complete the merger with Albuquerque, N.M.-based Presbyterian Health, which would add nine hospitals, in “mid-to-late 2023.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.