Tampa General operating revenue up 9.2 percent
November 18, 2019 - Florida Health Sciences Center Inc., the parent company of Tampa General Hospital and other healthcare entities, reported $1.45 billion in operating revenue for fiscal year 2019, ended Sept. 30. That was a 9.2 percent increase from the prior fiscal year, according to a financial report filed for bondholders. The company’s gain from operations was $14.5 million, a 0.1 percent year from the year-ago period. Non-operating activity and investments pushed the total gain to $59.2 million, down 10.8 percent from fiscal 2018. While Tampa General Hospital was in the black for the just-ended year with an operating gain of $43.6 million, most of the other Florida Health Sciences entities, including the Tampa General Medical Group and the Brandon Healthplex, lost money in fiscal 2019, the report showed.