Several large health systems reported operating losses in 2024, underscoring ongoing financial strain despite rising patient volumes and revenue growth. While inpatient revenue is climbing, expense ...
Higher volumes, more favorable reimbursement rates and more efficient labor spending helped Providence cut its 2024 operating losses nearly in half. March 6, the nonprofit system reported a $644 ...
Coral Gables, Fla.-based Baptist Health South Florida reported an operating income of $395 million (6.3% margin) in the fiscal year ending Sept. 30, up from a $9.1 million operating loss (-0.2% margin ...
CLEVELAND, Ohio —Buffeted by inflation and the rising cost of providing health care, four of Northeast Ohio’s health systems ended 2024 with budget shortfalls. MetroHealth System, Summa Health, ...