Wake Forest Baptist Fiscal Year 2021 First Quarter Performance

November 25, 2020

Wake Forest Baptist Health today released its first quarter report on operating performance and operating statistics for fiscal year 2021 (FY21).

For the three-month period (July 1, 2020 – Sept. 30, 2020), total net revenues were $926.6 million.

Unrestricted net assets increased by $69.5 million for the three-month period. This gain is comprised of operating income of $22.5 million (2.4% operating margin) and net non-operating gains of $47.0 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.edu336-716-1273