Lifespan grew revenue 3.7% in 2013, spent $71M on charity care

LIFESPAN ON TUESDAY released its 2013 annual report, showing that the health care system increased operating revenue 3.7 percent but saw its net income drop almost 60 percent.
LIFESPAN ON TUESDAY released its 2013 annual report, showing that the health care system increased operating revenue 3.7 percent but saw its net income drop almost 60 percent.
PROVIDENCE – The Lifespan nonprofit health care system generated total operating revenue of $1.7 billion in 2013, with total operating expenses of $1.72 billion and net income of $17 million, according to Lifespan’s annual financial statement. Operating revenue increased 3.7 percent over 2012, when Lifespan posted operating revenue of $1.64 billion. The operating loss for…

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