Issue link: https://beckershealthcare.uberflip.com/i/568709
10 FINANCE S t. Louis-based BJC Health- Care reported operating revenue of $2.1 billion in the second quarter of fiscal year 2015, up from $2 billion for the same period a year ago, according to the system's unaudited financial statement. e system's expenses also increased in the second quarter of this year, growing 4.9 percent from the comparable period of 2014. e system's expenses related to salaries and benefits increased to $971.8 million in the second quarter of this year, up from $904.2 million in the same period of last year. BJC reported operating income of $126.3 million for the second quarter of fiscal 2015, up 37.3 per- cent from the comparable period of last year. Admissions at the system's fa- cilities were up 3.8 percent for the year as of June 30, compared to the same period of last year. e system ended the second quarter with net income of $232.3 million compared to net income of $216.3 million for the same period of 2014. n BJC HealthCare's Operating Income Up 37.3% in Q2 By Ayla Ellison B rentwood, Tenn.-based LifePoint Health reported consolidated revenues of $1.27 billion for the second quarter of fiscal year 2015, up 21.3 percent from $1.05 billion for the same period a year ago. After accounting for its expenses, the for-profit hospital operator ended the second quarter with net income of $46.4 million, up from $39.1 million in the same period of the year prior. LifePoint's strong finances are not limited to the second quarter. The system reported revenue of $2.53 billion for the six months that ended June 30, up from $2.05 billion in the comparable period of 2014. The for-profit hospital operator had net income of $85.3 million for the first half of 2015, compared to $76.2 million for the same period of last year. Acquisitions have played a key role in LifePoint's strong financial picture. "We have added $1.2 billion in acquired revenue over the last two years and our pipeline remains active," said William F. Carpenter III, chairman and CEO of LifePoint. "All of these transac- tions present a significant opportunity for organic growth and margin expansion." LifePoint also benefitted from seeing more patients, with admissions at its facilities in- creasing 9.1 percent in the second quarter of FY 2015 over the same period of last year. When adjusted for outpatient activity, admis- sions at its facilities were up 16.7 percent. Based on its strong second-quarter finan- cial and operating results LifePoint adjusted its 2015 outlook. The for-profit hospital op- erator now estimates its net revenue for the year will be between $5.15 billion and $5.25 billion. n LifePoint Benefits From Acquisitions, Gets 21.3% Boost in Revenue By Ayla Ellison