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Catholic Health operating income was $12.3 million in 2015

Catholic Health System recorded operating income of $12.3 million in 2015, down from $41 million the year before.

Catholic Health’s board approved the health care system’s audited financial statements last week. Catholic Health in April reported preliminary operating income of $3.9 million, but that total did not include figures for the system’s home care, and long-term care, or the Mount St. Mary’s Hospital and Health Center operations that Catholic Health acquired.

Catholic Health’s patient discharges and outpatient visits declined from 2014 to 2015, and its patient revenue did not increase as much as anticipated.