Becker's Healthcare December 23, 2024
After enduring operating losses in the third quarter of 2023, a wave of health systems turned their financial fortunes around in the third quarter of 2024, delivering improved margins and operating incomes.
From Minneapolis-based Allina Health’s 9.6% operating margin to the steady recovery of smaller systems like Chillicothe, Ohio-based Adena Health, these organizations achieved growth through strategic expense management and revenue increases. Their efforts reflect a broader trend of resilience and adaptation in the healthcare sector.
Here are 11 health systems that drove operating margins back into the black in the third quarter of 2024:
Editor’s note: This is not an exhaustive list.
1. Livonia, Mich.-based Trinity Health posted $36.7 million in operating income (0.6% margin) in the...
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