Erlanger Health System's revenues declined during the first quarter, but the Chattanooga, Tenn.-based system kept expenses lower.
"We really did a good job controlling expenses," said Erlanger CFO Britt Tabor during a board of trustees' budget and finance committee meeting Monday, according to the Times Free Press.
The health system's earnings were up year over year. Erlanger ended the first quarter with net income of $2.5 million, according to the report.
During the meeting Monday, Erlanger officials also announced the system will lease a new building that will be built near Erlanger East Hospital in Chattanooga. The facility will house a cancer center and medical office. Ross Edwards, director of medical office buildings at Erlanger, said it will take approximately 15 months to build the new facility, according to the report.
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