Ok­la­homa health sys­tem posts strong fi­nan­cials

Modern Healthcare - - REGIONAL NEWS - —Dave Barkholz

Nor­man (Okla.) Re­gional Health Sys­tem ended its fis­cal 2016 on a high note, post­ing in­creased op­er­at­ing in­come com­pared with the pre­vi­ous year and open­ing a $32 mil­lion out­pa­tient cen­ter in Moore, Okla. It’s lo­cated on the site where a pow­er­ful EF5 tor­nado lev­eled the sys­tem’s hos­pi­tal on May 20, 2013.

The tor­nado that ripped through Moore killed 24 and caused about $2 bil­lion in dam­age. Much of Nor­mal Re­gional Moore was flat­tened.

The Nor­man Re­gional Hos­pi­tal Au­thor­ity, as the par­ent is known, posted op­er­at­ing in­come of $29.9 mil­lion in fis­cal 2016, ended June 30, com­pared with op­er­at­ing in­come of $21.9 mil­lion in fis­cal 2015. Rev­enue rose 5% to $378.8 mil­lion from $360.2 mil­lion in 2015.

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