Memorial earned $20.8 million on revenue of $338.6 million in the quarter, compared with net income of $47 million on revenue of $327.4 million in the same quarter a year before.
The biggest change was a $22.7 million reduction in tax revenue and other non-operating gains, while the cost of salaries, employee benefits, professional fees and supplies increased.
Read South Florida Business Journal’s report on Memorial Healthcare System.
