Investment income made up almost 50% of hospitals’ net margin in past 2 years

Several large health systems — Rochester, Minn.-based Mayo Clinic; Englewood, Colo.-based Catholic Health Initiatives; Partners HealthCare in Boston; Baylor Scott & White in Dallas; and Duke University Health System in Durham, N.C. — have recently reported significant investment losses, according to Juniper Advisory.

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This is “a concerning trend for an industry increasingly reliant on unpredictable non-operating revenue sources,” according to the investment banking company.

In December, Juniper Advisory released an analysis of independent hospitals’ financials. That analysis, which Becker’s Hospital Review previously reported on, found that about half of hospitals’ net margin in the past two years came from investment income.

“While large systems with positive operating margins can often weather investment fluctuations, hospitals that depend heavily on investment revenue could struggle to keep their doors open in the next economic downturn,” Juniper Advisory said in a news release.

For more information on the December analysis, click here.

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