LITTLE ROCK, Ark. — Baptist Health of Little Rock reported an operating loss of $12.93 million in 2022, as the financial stresses of COVID-19 continued to course through health care systems.
In 2022, Baptist Health reported total revenue of $1.89 billion, a 1.1% increase from 2021. But expenses climbed 4.2% to $1.9 billion during the year.
Baptist received $35 million in pandemic relief revenue, according to its unaudited 2022 financial statement. In 2021, it collected $67 million in pandemic revenue relief, which helped it end the year with a $43.9 million operating income. “Those relief dollars really did help,” Brent Beaulieu, CFO of Baptist Health, told Arkansas Business.
To read more about Baptist Health's operating loss, visit our content partners at Arkansas Business here.
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