Reported 2 days ago
Ascension continues to face financial challenges after reporting a $101.2 million operating loss in Q3 of the 2025 fiscal year, an increase from last year's $82.6 million loss, as it grapples with the aftereffects of a cyberattack. The health system's net income plummeted from a $580.9 million gain to an $81.5 million loss, attributed to decreased investment gains and patient service revenue following divestitures. Despite these losses, Ascension highlighted improvements in operational metrics and emphasized progress in managing expenses and patient volumes since the attack.
Source: YAHOO