BayCare revenue, income up
November 11, 2019 - BayCare Health System reported a 6.5 percent increase in operating revenue and a 0.4 percent increase in operating income through the first nine months of 2019, compared to the same period a year ago. The Clearwater-based nonprofit parent of 15 hospitals and other healthcare facilities reported total operating revenue of $3.272 billion and operating income of $252.2 million for the nine months ended Sept. 30. BayCare’s operating margin for the nine-month period was 7.7 percent, down 6.1 percent from a year earlier. Non-operating income, which includes investment income, jumped 178 percent to $500.65 million, and pushed the total surplus to $752.8 million for the nine-month period.