Savannah, Ga.-based St. Joseph's/Candler Health System reported net income of $9.2 million for the six months ending Dec. 31, 2022.
Higher expenses and investment losses helped reduce the net income total from $26.4 million in the same period in 2021. Income from operations totaled $6.1 million in 2022, down from $17.6 million in 2021, with 2022 expenses totaling $434.6 million versus $415.7 million in 2021.
The health system, whose operations include three hospitals and 14 primary care facilities in the Savannah area, reported total long-term debt for the period of $272.2 million.