For many systems, these gains represent a significant turnaround from the losses reported in the same period last year, providing a hint of financial stability amid a challenging healthcare environment.
Here are 10 health systems’ investment returns for the three months ending Sept. 30, 2024, compared to the same three-month period in 2023.
Editor’s note: This is not a comprehensive list.
– Kaiser Permanente (Oakland, Calif.): $3.3 billion gain, up from a $1.1 billion gain in the third quarter of 2023
– Ascension (St. Louis): $730.3 million gain, up from a $434 million loss for the three months ending Sept. 30, 2024
– CommonSpirit (Chicago): $617 million gain, up from a $289 million loss for the the three months ending Sept. 30, 2023
– Mayo Clinic (Rochester, Minn): $590 million, up from a $132 million loss in the third quarter of 2023
– Trinity Health (Livonia, Mich.): $580.8 million gain, up from a $140.7 million loss for the three months ending Sept. 30, 2023
– Mass General Brigham (Somerville, Mass): $467 million gain, up from a $168.9 million loss for the three months ending Sept. 30, 2023
– Cleveland Clinic: $339.9 million gain, up from a $120.4 million loss for the third quarter of 2023
– Bon Secours Mercy Health (Cincinnati): $338.7 million gain, up from a $106.8 million loss in the third quarter of 2023
– UPMC (Pittsburgh): $311.1 million gain, up from a $54.7 million loss for the third quarter of 2023
– Mercy (St. Louis): $156.4 million gain, up from a $3.2 million loss for the three months ended Sept. 30, 2023
