Becker's Healthcare December 19, 2024
Health systems across the country reported mixed financial results in the third quarter, with operating margins ranging widely from double-digit gains to substantial losses.
While systems like Tenet Healthcare achieved an impressive 21.3% margin, buoyed by strong revenues and cost control, others, such as Tufts Medicine (-10.2%) and Community Health Systems (-6.6%), continue to grapple with rising costs, reimbursement pressures and operational headwinds.
The wide variation in third-quarter margins reflects both progress and persistent challenges in the sector’s financial recovery.
Editor’s note: This is not an exhaustive list. The following financial results are for the three months ending Sept. 30, 2024, unless otherwise stated.
Revenue: $5.12 billion
Expenses: $4.1 billion
Operating income: $1.1 billion
Operating margin:...
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