2 health systems posting billion-dollar losses 

Here are two major health systems that recently posted billion-dollar operating losses:

1. St. Louis-based Ascension reported a full-year operating loss of $3 billion on revenue of $28.35 billion, compared with an $879.2 million loss on $27.98 billion in revenue last year. The $3 billion figure includes $1.5 billion of nonrecurring losses and impairment in the fiscal year ending June 30. That $1.5 billion figure compares with a gain of $26 million in 2022.

2. Chicago-based CommonSpirit reported an operating loss of $1.39 billion for the fiscal year ending June 30 on revenue of $34.51 billion with an adjusted operating margin of minus-3.9 percent. Those figures compare with an operating loss of $1.29 billion on revenue of $33.91 billion for the same period ending June 30, 2022.

Copyright © 2025 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


You can unsubscribe from these communications at any time. For more information, please review our Privacy Policy.
 

Articles We Think You'll Like