Becker's Healthcare December 18, 2024
Chillicothe, Ohio-based Adena Health System posted an operating income of $3.3 million (1.7% margin) in the third quarter, reversing a $1.2 million operating loss (-0.6% margin) in the same period in 2023.
Five things to know:
1. Third-quarter revenue increased 1% year over year to $190.9 million while expenses grew by 1.4% to $187.6 million, according to financial documents published Nov. 22.
2. Net patient service revenue totalled $178.9M in the third quarter, growing 2.7% year over year and 2% over the prior quarter. Third-quarter...