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 ...
Pittsburgh-based UPMC posted a $338.9 million operating loss (-1.1 operating margin) in 2024, compared to an operating loss of $198.3 million (-0.7 margin) in 2023, according to its Feb. 28 financial ...
CommonSpirit Health’s operations saw year-over-year improvement for the quarter ended March 31, though the nonprofit is still facing losses amid expense growth and reimbursement challenges that ...