Louisiana system secures $240M turnaround; turnover hits 'historic lows,' CFO says

Franciscan Missionaries of Our Lady Health System, a 10-hospital system headquartered in Baton Rouge, La., reported $188 million in operating income (4.9% margin) in the fiscal year ending June 30, a $241 million improvement on the $53 million loss (-1.5% margin) in the previous fiscal year. 

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