Becker's Healthcare December 6, 2024
Chicago-based CommonSpirit Health reported an operating loss of $331 million (-3.5% operating margin) in the first fiscal quarter of 2025.
While this is an improvement from a $402 million loss (-4.7% margin) during the same period last year, the company is turning to ambulatory care to improve margins.
The system has added eight ambulatory care sites across six states in the first fiscal quarter of 2025 (ended Sept. 30), CFO Dan Morissette said on the system’s Dec. 2 investor call.
The system has also added 56 ambulatory sites in fiscal...
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