Baylor Scott & White Health Operating Income Soared in the First Half of Fiscal 2018

Baylor Scott & White Health brought in operating income of $383 million during the first half of fiscal year 2018, which lands during the second half of the calendar year. That income represents an increase of 80 percent over the same period the previous year. The numbers came out as a part of the system’s quarterly disclosure report this week. Overall, the nonprofit brought in $4.81 billion in revenue during the first half of fiscal 2018, up about 7 percent from $4.49 billion the year before. The system did note that premium revenue was down 13.5 percent for the period… Full Story

Conversation With: Les Kreis, BIOS Partners

The most recent “The Pulse” breakfast series at Health Wildcatters headquarters last week featured Bill Burns, founder of Encore Vision, a medical supply and equipment company, and Les Kreis, managing partner at BIOS Partners, a healthcare-focused private equity firm. Full Story