Those figures compare with net income of $30 million on revenues of $3.1 billion in the same period last year.
CHS reported operating income of $210 million for the period compared with $270 million in 2022. Overall expenses were up 4 percent compared with the first quarter of 2022, totaling $2.9 billion.
CHS, which operates 79 hospitals in 15 states, affirmed recent Feb. 15 guidance for its 2023 numbers.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
