Several large health systems reported operating losses in 2024, underscoring ongoing financial strain despite rising patient volumes and revenue growth. While inpatient revenue is climbing, expense ...

Higher volumes, more favorable reimbursement rates and more efficient labor spending helped Providence cut its 2024 operating losses nearly in half. March 6, the nonprofit system reported a $644 ...

Cleveland-based University Hospitals posted an operating loss of $172.6 million in 2024 (-2.7% operating margin), an improvement from a $256.1 million operating loss (-4.4% margin in 2023), according ...

CLEVELAND, Ohio —Buffeted by inflation and the rising cost of providing health care, four of Northeast Ohio’s health systems ended 2024 with budget shortfalls. MetroHealth System, Summa Health, ...