February 19, 2024- New with IDNs this week: Kaiser Permanente, Steward Health, Tenet Health, and more IDNs have now released their 2023 financial results. Listen as John Pritchard discusses the positives and negatives of these financial results from a supplier perspective. Kaiser Permanente highlighted a very positive financial improvement from 2022 with its 2023 financial results, with an operating income of $329 million versus an operating loss $1.3 billion in 2022.
Also, suppliers should be aware of 2023 financial results from Steward Health, as many suppliers are struggling with the company, and are worried about getting paid, after Steward Health received a bridge loan to stabilize its financing. Finally, Tenet Health also reported positive results in 2023, with fourth quarter earnings of $244 million.