From -10.6% to 11.1%: 34 systems ranked by operating margins

Hospitals began 2023 with a median operating margin of -0.9%, but that figure has increased steadily month over month to hit 2% in November — the ninth consecutive month of positive margins. Despite a modest positive turning point for some hospitals and health systems this year, Fitch Ratings projects 2024 to be another “make or break” year for a significant portion of the sector.

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