Editor
Bon Secours Mercy Health posted a $1.2 billion net loss in 2022, compared with a $997.7 million gain the prior year, the Catholic nonprofit health system disclosed this week. The change was largely driven by decreased returns on investment amid struggling financial markets.
Cincinnati-based Bon Secours Mercy’s revenue rose 2.1% to $11.1 billion, while operating expenses rose 6.8% to $11.43 billion. Costs related to employee compensation…
