The 22-hospital system said operating income was $152.1 million as expenses jumped 11.1% on the year. That amounted to a 1.4% operating margin if federal and state funding is included.
Corewell Health acquired Corewell Health East effective Feb. 1, 2022, impacting some of the expenses and revenue data.
Days’ cash on hand totaled 206.4 as of Sept. 30 with debt of approximately $2.3 billion.
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