IU Health Touts 2018 Revenue, Income Gains
Indiana University Health says operating revenue and income increased in 2018 compared to the previous year, thanks in part to larger patient volumes in areas including surgeries and inpatient admissions. However, the system says total earnings declined, citing "investment losses in a year of turbulent financial markets."
The provider says operating revenue grew from $6.34 billion in 2017 to $6.43 billion in 2018, while operating income rose 4 percent to $612 million. Total earnings dropped from $989 million in 2017 to $296 million in 2018.
IU Health is also touting operational achievements, including reducing opioid pill prescriptions by 14 percent compared to 2017 and improving health measures in nine of 11 key metrics it measured, including childhood immunizations and blood-sugar scores for patients with diabetes.
You can find more on the 2018 report by clicking here.