University Health Systems Finishes Fiscal Year Ahead

The group which owns Pitt County Memorial Hospital says it made more money than it spent in the last fiscal year, but also says its margin was slightly smaller than expected.

University Health Systems of Eastern Carolina finished the year ahead by nearly 57 million dollars. Company budget-writers had projected a 57.5 million dollar margin.

Company records show operating revenue for the year ending Sept. 30 totaled 957 million dollars

CEO Dave McRae credited strong years at the company's five other hospitals for the economic performance.

Heritage, Roanoke-Chowan, Chowan, The Outer Banks and Bertie Memorial hospitals all outperformed projections. Pitt Memorial was the only UHS hospital to finish with a smaller margin than expected.

A statement from UHS says its facilities treated 53,406 inpatients and roughly 510,000 outpatient and emergency patients.