Despite facing headwinds such as increased labor and supply costs, several health systems reported operating gains for the period ended June 30, after posting operating losses during the same period last year.
Here are 11 systems that returned to positive operating margins in their most recent reporting periods. Because systems report on different fiscal calendars, the figures below span quarterly, six-month, nine-month and full fiscal-year results.
Quarter ended June 30
Scottsdale, Ariz.-based HonorHealth recorded operating income of $17 million (1.5% margin), up from from an operating loss of $17.8 million (-1.8% margin) during the same period last year.
San Diego-based Sharp HealthCare recorded operating income of $36.2 million (2.3% operating margin), up from an operating loss of $21.5 million (-1.5% margin) during the same period last year.
West Des Moines, Iowa-based UnityPoint Health recorded operating income of $24.1 million (1.5% operating margin), up from an operating loss of $9.5 million (-0.7% margi) during the same period last year.
Six months ended June 30
Gaithersburg, Md.-based Adventist HealthCare recorded operating income of $18.2 million (3% operating margin), up from an operating loss of $205,000 (-0.1% margin) during the same period last year.
New York City-based Memorial Sloan Kettering Cancer Center recorded operating income of $216.6 million (4.7% operating margin), up from an operating loss of $113.2 million (-2.7% margin) during the same period last year.
Cleveland-based MetroHealth System recorded operating income of $63 million (5.5% operating margin) in the first half of 2026, up from an operating loss of $13.9 million (-1.4% margin) during the same period last year.
Renton, Wash.-based Providence recorded operating income of $175.2 million (1.2% operating margin), up from an operating loss of $225.5 million (-1.6% margin) during the same period last year.
New Orleans-based Ochsner Health recorded operating income of $32.5 million (0.8% operating margin), up from an operating loss of $42.7 million (-1.1% margin) during the same period last year.
Nine months ended June 30
New Haven, Conn.-based Yale New Haven Health System recorded operating income of $33 million (0.5% operating margin), up from an operating loss of $40.2 million (-0.7% margin) during the same period last year.
Fiscal year ended June 30
Portland-based Oregon Health & Science University reported an operating income of $135 million (2.2% operating margin) in fiscal year 2026, up from an operating loss of $118 million (-2.1% margin) during the same period last year.
West Reading, Pa.-based Tower Health recorded operating income of $8.5 million (0.4% margin), a $29.1 million swing from an operating loss of $20.6 million (-1% margin) in 2025.
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