Erlanger Net Patient Revenue Up $20.6 Million Over Prior Year

Monday, January 22, 2018

Erlanger Health System's net patient revenue is up $20.6 million over the prior year as market share continues to grow, the Erlanger board finance committee was told Monday.

Officials said for the second quarter hospital admissions remain strong.

The quarterly surgical inpatient volume was 8.7 percent greater than the prior year.

Inpatient heart surgeries were 118.5 percent greater than the prior year.

Orthopaedic inpatient surgeries were up 12.6 percent, and neurosugery inpatient surgeries grew by four percent.

For the quarter, net loss from operations was $1.9 million due to costs of implementing the Epic electronic records system and other expenses.

Indigent/self pay utilization was 20 percent higher than prior year, bringing another drag on the budget.

Total net loss for the quarter $1.75 million.

 


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