A number of healthcare systems, or individual hospitals, detailed their levels of debt when reporting financial results in December 2022. Here is a summary of some of them:
Pittsburgh-based Highmark Health reported debt of $2 billion when it revealed a net $268 million loss for the first nine months of fiscal year 2022.
Livonia, Mich.-based Trinity Health reported debt of $6.34 billion when it revealed Dec. 2 a quarterly net loss of $550.9 million.
Providence, R.I.-based Lifespan said it had long-term debt totaling $413.4 million when it reported multimillion-dollar losses for the full year Dec. 6.
Louisville, Ky.-based Baptist Health revealed long-term debt totaling $1.31 billion when it reported audited losses of over $176 million Dec. 30.
Jacksonville, Fla.-based Baptist Health, the largest system in Northeast Florida, revealed long-term debt of $860 million when it reported a more than $227 million loss in fiscal 2022.
Memorial Hospital at Gulfport (Miss.) revealed total liabilities of $93.6 million when reporting its results Dec. 28.
Hollywood, Fla.-based Memorial Healthcare revealed debt totaling $898 million when it reported a net loss of approximately $104.7 million Dec. 21.
Duarte, Calif.-based City of Hope said it had long-term debt of $1.93 billion when it reported an overall loss of $705 million in 2022.
Palo Alto, Calif.-based Stanford Health Care said it had long-term debt totaling $2.1 billion when it reported Dec. 15 a decline in its net income in 2022.