Wake Forest Baptist Fiscal Year 2021 Second Quarter Performance

March 1, 2021

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

For the six-month period (July 1, 2020 – Dec. 31, 2020), total net revenues were $1.9 billion.

Unrestricted net assets increased by $229 million for the six-month period. This gain is comprised of operating income of $54.1 million (2.8% operating margin) and net non-operating gains of $174.9 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