ProMedica reports $541M negative operating swing in 2022

Toledo, Ohio-based ProMedica Health reported a 2022 operating loss of $399.2 million as revenues slumped 22 percent year over year.

The loss compared with an operating gain of $141.4 million in 2021.

The 11-hospital system reported an overall 2022 loss of $843.6 million, compared with net income of $130.2 million in 2021.

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