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A look back at business news from 2023

Throughout 2023, Butler County saw an onslaught of new businesses, long-standing companies made transitions, a health system merger came to fruition and infrastructure projects began, continued and we. ....

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Independence Health: Hospitals post positive operating revenue but health system losses remain

Independence Health System’s five hospitals posted positive operating revenue for the fiscal year ending June 30, hospital officials said Monday, even as the former Butler and Excela health systems individually lost millions of dollars in that 12-month period. Latrobe Area Hospital topped all the other health system hospitals — Butler ....

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Despite financial difficulties Independence Health remains committed to community

The recently reported financial challenges facing Independence Health System are a result of the impact of the COVID-19 pandemic. This is true for Independence Health and every health care provider in. ....

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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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Butler Health System losses widen to $43.2 million as of June 30 – Butler Eagle

For the second year in a row, Independence Health System has lost more money than the previous year.
The health system on Tuesday, Nov. 7, reported an operating loss of $43.2 million for the year endi. ....

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