Wake Forest Baptist Health today released its fourth quarter report on operating performance and operating statistics for fiscal year 2020 (FY20).
For FY20 (July 1, 2019 – June 30, 2020), total net revenues were $3.6 billion.
Unrestricted net assets increased by $31.5 million for FY20. This gain is comprised of operating income of $40.6 million (1.1% operating margin) and net non-operating losses of $9.1 million.
The balance of the report with accompanying financial statements can be found at the Municipal Securities Rulemaking Board.
Media contact: Joe McCloskey, firstname.lastname@example.org, 336-716-1273