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Independence Health sees about $23 million in losses over 3-month period

Independence Health System operated at a deficit of almost $23 million between the beginning of July and the end of September this year, according to recently released reports. The shortfall is an extension of the downsliding pattern that the combined health system — made up of subsidiaries Excela Health and ....

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Butler Health System losses nearly doubled in 2023, according to financial statements

Butler Health System’s losses almost doubled in the fiscal year ending June 30, according to newly released financial documents. The system, which in January merged with Excela Health to create Independence Health System, lost $43.3 million in fiscal year 2023. Butler Health reported $22.8 million in losses in the fiscal ....

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