- Carolinas HealthCare System's net operating revenue grew in 2014, despite earlier forecasts of a decline.
- Net operating revenue grew 8.3% to $8.5 billion last year, from about $7.9 billion in 2013.
- Officials said growth in the patient base and rising demand for more complex services helped offset a decline in reimbursement rates.
The company netted $450.3 million, which was down from $548.4 million in 2013. That's still a considerably brighter picture than what Carolinas HealthCare had forecast, which was based on reimbursement cuts and no Medicaid expansion.
The results also show the challenges some healthcare groups face in accurately forecasting revenues in the early stages of the ACA era.