Novant Health saw its operating profits jump by nearly $100 million in 2015, but those gains were partially offset by the poor performance of its investment portfolio. The Winston-Salem-based health system saw an operating profit of $258.4 million last year on revenues of $4.1 billion, up from a 2014 operating profit of $166.9 million. However, while the system saw its operating performance bolstered in 2014 by investment gains of nearly $40 million, last year that portfolio posted a loss of more…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/03/01/novant-health-sees-investment-losses-offset.html
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