Financial updates from 5 health systems

The following five health systems recently released their financial statements for 2015.

1. Banner Health reported revenue of nearly $7 billion in 2015, up from $5.4 billion the year prior. The Phoenix-based system ended 2015 with operating income of $128.4 million, down from $263.3 million in 2014.

2. Clearwater, Fla.-based BayCare Health System recorded revenue of $3.3 billion in 2015, up from $3 billion the year prior. The system posted operating income of nearly $284.7 million in 2015, up more than 7 percent from $265.9 million in 2014.

3. Indiana University Health reported revenue of $6.1 billion in 2015, up 6.5 percent from $5.7 billion in 2014. The Indianapolis-based system ended 2015 with operating income of $781.8 million, down from $795.3 million the year prior.

4. Buffalo, N.Y.-based Kaleida Health posted revenue of nearly $1.4 billion in 2015, up slightly from about $1.3 billion the year prior. The system recorded operating income of $23.2 million in 2015, up 53 percent from $15.2 million in 2014.

5. Aurora Health Care reported revenue of $4.9 billion in 2015, up 4.5 percent from revenue of $4.7 billion in 2014. The Milwaukee-based system ended 2015 with operating income of $462.4 million, down 8 percent from the year prior.

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Healthcare executives expect financial growth, more M&A in 2016
A state-by-state breakdown of 71 rural hospital closures

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