Indiana University Health is the latest system to attribute a dismal 2022 financial performance to rising costs and investment-related losses.
Indianapolis-based IU Health on Friday reported a $715.11 million loss in 2022, compared with a $861.51 million gain a year earlier. The nonprofit system’s annual loss included $698.16 million lost due to poor performance in the financial markets.
Annual operating revenue grew 2.8% to $8.09…