Becker's Healthcare March 28, 2025
Madeline Ashley

Despite many U.S. health systems seeing improved margins, some continue to be weighed down by long-term debt from investments in technology, large expansions, and asset transactions.

Here are 25 health systems ranked by their long-term debt in fiscal year 2024:

Note: This is not an exhaustive list. The following long-term debt figures are taken from each health system’s most recent financial report.

1. HCA Healthcare (Nashville, Tenn.): $38.3 billion

2. CommonSpirit Health...

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