Becker's Hospital Review

Hospital Review_February 2025

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7 CFO / FINANCE 13. Sanford Health (Sioux Falls, S.D.) *Results for the nine months ending Sept. 30 Revenue: $5.6 billion Expenses: $5.4 billion Operating income: $195 million Operating margin: 3.5% 14. Intermountain Health (Salt Lake City) *For the nine months ending Sept. 30 Revenue: $12.8 billion Expenses: $11.9 billion Operating income: $399 million Operating margin: 3.1% 15. IU Health (Indianapolis) *Results for the nine months ending Sept. 30 Revenue: $6.86 billion Expenses: $6.68 billion Operating income: $173 million Operating margin: 2.5% 16. West Virginia University Health System (Morgantown, W.Va.) *Results for the nine months ended Sept. 30 Revenue: $5 billion Expenses: $4.6 billion Operating income: $123 million Operating margin: 2.5% 17. HonorHealth (Scottsdale, Ariz.) Revenue: $867.2 million Expenses: $847.7 million Operating income: $19.5 million Operating margin: 2.3% 18. Montefiore Health (New York City) *Results for the nine months ending Sept. 30 Revenue: $6.4 billion Expenses: $6.3 billion Operating income: $147.4 million Operating margin: 2.3% 19. Ardent Health (Nashville, Tenn.) Revenue: $1.45 billion Expenses: $1.39 billion Net income: $26.3 million Operating margin: 1.8% 20. Banner Health (Phoenix) Results for the nine months ending Sept. 30 Revenue: $11.3 billion Expenses: $11.1 billion Operating income/loss: $198.5 million Operating margin: 1.8% 21. Adena Health (Chillicothe, Ohio) Revenue: $190.9 million Expenses: $187.6 million Operating income: $3.3 million Operating margin: 1.7% 22. Northwell Health (New Hyde Park, N.Y.) Revenue: $4.6 billion Expenses: $4.5 billion Operating income: $77.5 million Operating margin: 1.7% 23. Carle Health (Urbana, Ill.) *Results for the nine months ending Sept. 30 Revenue: $3.7 billion Expenses: $3.6 billion Operating income: $55.9 million Operating margin: 1.5% 24. Nuvance Health (Danbury, Conn.) Revenue: $741.4 million Expenses: $726.4 million Operating income: $11.4 million Operating margin: 1.5% 25. Cleveland Clinic Revenue: $3.98 billion Expenses: $3.74 billion Operating income: $43.4 million Operating margin: 1.1% 26. Mayo Clinic (Rochester, Minn) Revenue: $4.86 billion Expenses: $4.62 billion Operating income: $55 million Operating margin: 1.1% 27. Legacy Health (Portland) Revenue: $744.8 million Expenses: $747.9 million Operating loss: $3 million Operating margin: -0.4% 28. Mass General Brigham (Somerville, Mass) *Results for 12 months ending Sept. 30 Revenue: $20.6 billion Expenses: $20.5 billion Operating loss: $72 million Operating margin: -0.4% 29. UPMC (Pittsburgh) Revenue: $7.7 billion Expenses: $7.8 billion Operating loss: $57.6 million Operating margin: -0.7%

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