Cincinnati-based Bon Secours Mercy Health recorded an operating income of $305.6 million (2.2% operating margin) in 2025, up from an operating income of $133.3 million (1% margin) in 2024, according to its March 19 financial report.
The system reported total operating revenue of $14 billion for the 12 months ended Dec. 31, up from $13.3 billion in 2024. Net patient service revenue was $12.6 billion, up from $11.9 billion. Overall volumes — measured by equivalent inpatient admissions — rose 1.9% year over year.
Total operating expenses were $13.7 billion in 2025, up from $13 billion in 2024. Employee compensation totaled $6.5 billion, up from $6.3 billion. Supply costs totaled $3 billion, up from $2.7 billion. Purchased services were $2 billion, up from $1.9 billion.
The system said it has undertaken several initiatives aimed at supporting its long-term financial stability. These include enhanced labor utilization and workforce management, as well as strong oversight of compensation rates and targeted cost reduction initiatives. The system also achieved supply and pharmaceutical expense savings through a combination of price negotiations, improved vendor rebate arrangements, strategic use of bulk purchasing and efforts to improve utilization efficiency.
“Collectively, these actions generated run-rate improvements of $401 million in 2025 and are expected to yield additional run-rate improvements of more than $350 million in 2026,” the system said in the report.
Bon Secours reported a net income of $1.1 billion in 2025, up from $572.3 million in 2024.
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