1. Rochester, Minn.-based Mayo Clinic reported nearly $4 billion of long-term debt when it released its first-half financial report. The system generated almost $300 million in operating income on revenue of $4.5 billion in its second quarter.
2. Cleveland Clinic said it had long-term debt of $4.1 billion when it reported first-half financial results in late August. The 23-hospital system reported a $21.4 million operating loss in the second quarter of 2023.
3. Phoenix-based Banner Health said it had long-term debt of $4.5 billion when it posted $162.7 million in operating income in the first half of 2023.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
