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The nonprofits rake in a strong first quarter
My colleague Tara Bannow and I are absolute suckers for reading hospital financial statements. A huge amount of those documents were released last week, and the numbers mirror what we’ve been seeing over the past several months: Not all hospitals are in dire straits, and in fact, many continue to do quite well.
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Tara sifted through the data of 20 nonprofit systems, and all but four reported higher operating and net margins in the first three months of 2024, compared with the first three months of 2023.
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