Wake Forest Baptist Fiscal Year 2020 Fourth Quarter Performance

August 28, 2020

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, jmcclosk@wakeheath.edu, 336-716-1273