Livonia, Mich.-based nonprofit system Trinity Health posted an operating surplus of $221.4 million on $7.1 billion in revenue for the six months ended Dec. 31, 2014, compared to its operating surplus of $170.5 million on $6.7 billion in revenue for the same period of the prior year.
The system's improved operating margin was partially attributable to an increase in volume in the first half of its fiscal 2015. A $65.3 million increase in premium revenue also contributed to Trinity's revenue growth.
However, some of Trinity's revenue gains were offset by a $27.8 million decrease in meaningful use revenue.
Trinity took a hit on its investments in fiscal 2014, with its nonoperating investment income falling by $422.1 million compared to the same period of the previous year.
The system posted net income of $241.9 million for the first half of its fiscal year 2015, down from $689.9 million for the same period in fiscal 2014.
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