New Orleans-based Ochsner Health System reported an operating margin of 3.4 percent for the six months that ended June 30, up from an operating margin of 0.7 percent for the same period a year ago.
Here are five things to know about Ochsner's financial results for the first half of 2015.
1. The system reported revenue of $1.3 billion in the six-month period that ended June 30, up from revenue of $1.1 billion in the same period of last year.
2. Ochsner reported operating income of $42.9 million for the first half of 2015, up from $8.1 million in the same period of 2014.
3. During the first six months of 2014, the system saw patient discharges increase 8.3 percent, while emergency room visits increased 12.4 percent and outpatient visits grew 18.1 percent.
4. The system reported expenses of $1.2 billion for the six-month period that ended June 30, up from $1.1 billion in the same period of last year.
5. Ochsner ended the first half of 2015 with a net surplus of $50.6 million, compared to a net surplus of $39.3 million in the same period of 2014.
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