Here are four things to know:
1. HonorHealth’s net income was $83.6 million in the third quarter of 2024, up from a $54 million loss in the third quarter of 2023.
2. Total revenue for the system increased 18% year over year to $867.2 million and total expenses increased 11% to $847.7 million in the third quarter of 2024.
3. Long-term debt for HonorHealth was $1 billion on Sept. 30, 2024.
4. HonorHealth acquired three Dallas-based Steward Health Care Arizona hospitals in early October. The hospitals are Florence Hospital, Mesa-based Mountain Vista Medical Center, Tempe St. Luke’s Hospital. It also acquired Mesa Emergency Center and multiple outpatient physician practices.
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