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Mayo operating gain doubles in Q3

Mayo Clinic reported an operating income of $302 million in the third quarter, up from $157 million last year.

Mayo clinicOperating incomeThird quarterSalaries and benefitsNet incomeLast year

CommonSpirit reports Q1 $291M operating loss, $738M net loss

CommonSpirit Health, one of the largest nonprofit healthcare systems in the US, reported an adjusted operating loss of $291 million on revenue of $8.9 billion for fiscal Q1.

United statesDan morissetteCommonspirit healthChicago based commonspirit healthOperating lossCalifornia provider feeSalaries and benefitsIrst quarter of

Memorial Sloan Kettering edges into positive operating income territory

Memorial Sloan Kettering, a leading cancer care system in the US, has reported a $1.5 million operating income for the first half of 2023.

Sloan ketteringNew york city based memorial sloan ketteringMemorial sloan ketteringCancer careOperating incomeOperating revenuesSalaries and benefitsNet incomeAys cash on hand

Sutter Health reports $265M net profit in Q2

Sutter Health reports $265 million net income on $3.8 billion revenues for Q2, compared to a net loss of $457 million on $3.5 billion for the same period in 2022.

United statesSutter healthSutter healthNet incomeSecond quarterNet lossOperating incomeSupply costsSalaries and benefits

Mayo Clinic reports $149M operating gain in Q1

Mayo Clinic, based in Rochester, Minn., reported an operating gain of $149 million on $4.3 billion revenue for the first quarter.

Mayo clinicOperating gainXpense pressuresSalaries and benefitsCash and investmentsAys of cashLong term debtInvestment gains

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