Wellstar Health sees $107M operating improvement in Q1 as AU Health merger approaches

Atlanta-based Wellstar Health System reported a $135.8 million operating income for the nine months ended March 31 on $3.6 billion of revenue.

That compared with a $151 million gain on $3.5 billion of revenue in the same period last year. The first-quarter comparison year on year was more favorable, with Wellstar reporting $66 million in operating income versus a loss of $40.9 million in 2022 even with a 2.3 percent increase in expenses totaling $1.2 billion.

Overall income for the health system in the nine-month period totaled $235.5 million as compared to $79.7 million in 2022.

Wellstar Health is expecting to close its controversial merger agreement with Augusta (Ga.) University Health System in the summer.

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