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Today: Advocate Sees Fivefold Growth in Operating Income, Driven by Surge in Patient Volume
Manage episode 439285465 series 3011584
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1. “Advocate Health grew its operating income for the first half of the year to $449.8 million, which was more than five times what it posted over the same period in 2023.”
2. “The hospital operator’s revenue was spurred by a jump in patient volume, including inpatient surgeries rising 1.9%, outpatient surgeries growing 1.4%, and emergency department visits increasing 6%.”
3. “Through the first six months of 2024, Advocate Health blew past the financial markers it set in its inaugural year.”
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