Becker's Healthcare December 31, 2024
Greenville, S.C.-based Prisma Health reported an operating income of $311.3 million (4.9% operating margin) in fiscal 2024, up from an operating income of $67.1 million (1.6% margin) in fiscal 2023.
Prisma Executive Vice President and CFO Matt Elsey told Becker’s that the health system’s “significantly improved” operating results for the year ended Sept. 30 were the “direct result of strategic and operational initiatives implemented by our highly engaged team members.”
Mr. Elsey said that at the beginning of fiscal 2023, Prisma deployed its own clinical operating system across the enterprise, which has led to “substantial and sustained gains in the domains of patient experience, clinical outcomes, patient safety and operational efficiencies.”
“Prisma is also benefiting from the...
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