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St. Francis parent's operating income up 62% in first half of fiscal '18

Livonia, Mich.-based Trinity Health Corp., parent of 93 hospitals in the U.S., including St. Francis Hospital and Medical Center in Hartford, reported a $68 million increase in operating income in the first half of fiscal 2018.

Its income reached $177.9 million in the first half of fiscal 2018 ended Dec. 31, up from $109.9 million in the prior-year period.

Its fiscal 2018 operating margin of 2 percent and operating cash flow margin of 7.9 percent rose from 1.3 p ...

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