Baptist Health South Florida’s earnings increased in fiscal 2018, although its operating profits were down.
The nonprofit health system earned $405.6 million for the fiscal year ended Sept. 30, up from earnings of $244.3 million in the prior fiscal year, according to a report to its bondholders. The results from the most recent year included a non-operating gain of $254 million from its merger with Boynton Beach-based Bethesda Health, essentially recognizing those assets now as part of Baptist…
