The operating loss for the last quarter of 2022 totaled $25.1 million as expenses rose 14.7 percent over the same quarter in 2021, when the operating loss was $18.4 million. The operating loss year to date ending Dec. 31 was $114.8 million, compared with an operating gain of $11.9 million in 2021.
Moody’s revised the system’s outlook to negative from stable April 5 as it expects Legacy Health to continue to seek waivers or amendments to some of its debt obligations.
