Northwell’s operating income drops $104M in Q3

Northwell’s operating income drops $104M in Q3
Becker’s Hospital CFO Report
November 30, 2023
New Hyde Park, N.Y.-based Northwell Health reported a $103.9 million drop in operating income in the third quarter, from a $92.4 million gain in the third quarter of 2022 to an $11.6 million loss in the third quarter of this year, according to financial documents published Nov. 29. Revenue increased 5.8% year over year to $4.1 billion while expenses increased 8.6% to $4.2 billion.