Trinity slims operating loss to $58.6M in FY Q1

Trinity slims operating loss to $58.6M in FY Q1
Becker’s Hospital CFO Report
December 1, 2023
Livonia, Mich.-based Trinity Health reported an operating loss of $58.6 million (-1% margin) in the first quarter of the fiscal year—the three months ended Sept. 30—compared to a $146.3 million loss (-2.9% margin) during the same period in 2022. For the fiscal first quarter, operating revenue increased 12.4% year over year to $5.6 billion.