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 ...
Ascension reported Monday a $466 million loss from operations (-2.3% operating margin) and $195 million of net income for the nine months ended March 31. The large nonprofit painted these results as ...
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, ...
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