The loss, compared with an operating gain of $52.6 million in 2021, resulted in a $95.3 million swing over one year. Declining investment returns dragged the overall loss in 2022 down to $169.6 million compared with net income of $134 million in 2021.
Inspira Health reported long-term debt of $480.5 million at the end of 2022.
The three-hospital system named its first female board chair, effective April 5, with the appointment of Elizabeth Ryan. William Pelion was named senior vice president and CFO on March 13.
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.