The system reported total operating revenues of $9.3 billion for the year ended June 30. Patient service revenues were $8.3 billion, up from $7.3 billion over the same period last year. Capitation revenues were $418.4 million, up from $237.4 million over the same period in 2023.
Total operating expenses were $9.1 billion, up from $8 billion in 2023. Salary and benefit expenses were $5.1 billion, up from $4.6 billion over the same period last year. Supply and other expenses were $3,4 billion, up from $2.9 billion last year. Medical claim expenses were $199.2 million, up from $102.7 million last year.
Mercy Health posted a net income of $539.7 million in 2024, up from a net income of $179.9 million last year.
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.
