Becker's Healthcare December 9, 2024
Nonprofit health systems are making slow but steady financial progress in an era marked by rising costs and operational challenges.
CommonSpirit, Ascension and Trinity, three major players in the sector, operated more than 380 acute care hospitals combined. The systems reported varied results in the fiscal first quarter of 2025, reflecting a mix of resilience, recovery, and innovation in the face of ongoing pressures including labor costs, supply inflation and cybersecurity disruptions. Executives at each system are content with recent progress but maintain there is still much work to do.
Here’s how the three largest nonprofit systems performed in the first quarter of fiscal 2025:
Chicago-based CommonSpirit posted a $331 million operating loss (-3.5% operating margin)...
Today's Sponsors
Today's Sponsor