43 health systems ranked by net income

Net incomes for health systems tanked in 2022 as inflation hit a record high, but many systems saw their net numbers improve in 2023 as nonoperating items, such as investment returns, rebounded.

Here are 43 nonprofit health systems ranked by net income for fiscal year 2023. 

Editor's note: This is not an exhaustive list. The following financial results are for the 12 months ending Dec. 31, 2023, unless otherwise stated. 

1. Kaiser Permanente (Oakland, Calif.): $4.1 billion 

2. Advocate Health (Charlotte, N.C.): $2.2 billion

3. Intermountain Health (Salt Lake City): $1.6 billion

4. Baylor Scott & White (Dallas): $1.5 billion

5. Mass General Brigham (Boston): $1.2 billion
*Results for 12 months ended Sept. 30 

6. NYU Langone (New York City): $1.2 billion
*Results for the 12 months ending Aug. 31

7. Sutter Health (Sacramento Calif.): $1.2 billion

8. IU Health (Indianapolis): $1.1 billion

9. Mayo Clinic (Rochester, Minn): $1.1 billion 

10. Northwestern Medicine (Chicago): $1.1 billion
*Results for the 12 months ending Sept. 30

11. Inova Health System (Falls Church, Va.): $1.1 billion

12. Corewell Health (Grand Rapids, Mich.): $992.8 million

13. Trinity Health (Livonia, Mich.): $959.7 million
*Results for the 12 months ended June 30, 2023

14. Cleveland Clinic: $911.2 million

15.  Banner Health (Phoenix): $895.5 million

16. Orlando (Fla.) Health: $805.4 million
*Results for the 12 months ending Sept. 30

17. Stanford Health Care (Palo Alto, Calif.): $780.6 million
*Results for the 12 months ending Aug. 31

18. BJC HealthCare (St. Louis): $736.5 million

19. Sharp HealthCare (San Diego): $495.7 million

20. Sanford Health (Sioux Falls, S.D.): $494.8 million

21. Beth Israel Lahey Health (Cambridge, Mass.): $451.2 million
*Results for 12 months ended Sept. 30

22. Christus Health (Irving, Texas): $409.2 million

23. Geisinger (Danville, Pa.): $366.6 million

24. Scripps Health (San Diego): $335.2 million
*Results for 12 months ended Sept. 30 

25. MedStar Health (Columbia, Md.): $332.9 million

26. OSF HealthCare (Peoria, Ill.): $323.8 million
*For the 12 months ending Sept. 30

27. Henry Ford Health (Detroit): $302.9 million

28. Prisma Health (Greenville, S.C.): $268.3 million
*For the 12 months ending Sept. 30

29. SSM Health (St. Louis): $252.6 million

30. Bon Secours Mercy Health (Cincinnati): $222.4 million

31. Norton Healthcare (Louisville, Ky.): $217.9 million

32. HonorHealth (Scottsdale, Ariz.): $150.7 million

33. Montefiore Health (New York City): $79.5 million

34. Premier Health (Dayton, Ohio): $24.5 million

35. Tufts Medicine (Boston): $1.6 million

36. UPMC (Pittsburgh) ($31 million)

37. Allegheny Health Network (Pittsburgh): ($140.3 million)

38. Allina Health (Minneapolis): ($163.8 million)

39. ProMedica (Toledo, Ohio): ($176 million)

40. Penn State Health (Hershey, Pa.): ($198 million)
*Results for 12 months ended June 30

41. CommonSpirit (Chicago): ($314 million)
*Results for 12 months ended June 30

42. Providence (Renton, Wash.) ($595.7 million)

43. Ascension (St. Louis): ($2.5 billion) 
*Results for 12 months ended June 30 

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