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 ...
Indianapolis-based Indiana University Health posted $257 million in operating income in 2024 at a 2.8% operating margin, down from a $343 million operating income (4% margin) in 2023, according to its ...
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, ...