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 ...

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 ...

UPMC lost $929,000 a day last year amid a spending spree on new and expanded facilities. In its end-of-year financial report, the hospital and health insurance giant placed its operating losses at ...