Becker's Healthcare December 10, 2024
Danbury, Conn.-based Nuvance Health reported a $11.4 million operating income (1.5% margin) for the three months ended Sept. 30, 2024, an improvement from a $13.2 million operating loss (-2% margin) for the same period in 2023, according to its most recent financial report.
Here are six things to know:
1. Net income for Nuvance was $38.6 million for the three months ended Sept. 30, 2024, up from an $18.5 million net loss for the three months ended Sept. 30, 2023.
2. Nuvance’s total revenue was $741.4 million for the three months ended Sept. 30, 2024, a 12% increase from $659.8 million for the same time period in 2023.
3. Total expenses for Nuvance were $726.4 million for...
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