Wellmont has solid financial year, growing operating income and net income significantly – heraldcourier. com_ news

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Posted: Wednesday, October 28, 2015 2:25 pm

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Updated: 11:23 am, Mon Nov 2, 2015.

Wellmont has solid financial year, growing operating income and net income significantly BRISTOL HERALD COURIER HeraldCourier. com

KINGSPORT, Tenn. – Wellmont Health System’s wise use of resources, combined with its delivery of superior health care for the region, enabled the organization to post solid results in the most recently completed fiscal


year.

The formal audit of Wellmont’s finances shows a 38 percent increase in the health system’s operating income and a 143 percent growth in net income for the year that ended June 30. The audited figures also showed a 6.4 percent increase in net patient service revenue.

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