Ascension Health Summary Financial

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Ascension posts $231M in quarterly operating income as labor cos…

(3 days ago) People also askHow much did Ascension Health lose in 2022?Ascension Health closed its 2022 fiscal year with an $879.1 million operating loss and net loss of more than $1.8 billion, according to investor disclosures for the period ended June 30.Ascension Health closes 2022 with $1.8B loss, -3.1% marginfiercehealthcare.comDoes ascension have a financial statement?Our financial statements and reports reflect our Mission to serve all persons with special attention to those who are poor and vulnerable. Information contained in financial documents was current as of the date indicated. Ascension has not assumed responsibility to update financial information absent of legal obligation.Community and Investor Relations Ascensionabout.ascension.orgHow much money does Ascension provide a year?Ascension’s cash on hand declined from 336 days to 259 days year over year. The system said it provided $2.25 billion in care to persons living in poverty and other community benefits, up slightly from the prior year’s $2.14 billion. Ascension, which employs 139,000 staff across 2,600 sites of care, has no shortage of company in the red.Ascension Health closes 2022 with $1.8B loss, -3.1% marginfiercehealthcare.comIs Ascension a good health system?Still, Fitch affirmed the health system’s ‘AA+’ rating, based on Ascension’s historically strong operational profile assessment and sustained robust balance sheet, and noted it anticipated Ascension could once again generate a consistent operating margin of around 3% within the next several years.Ascension faces negative outlooks following weak earningshealthcaredive.comFeedbackAscensionhttps://about.ascension.org/-/media/project/[PDF]Consolidated Ascension Financial Statements - Q4 FY22File Size: 912KBPage Count: 61The carrying amounts of variable rate bonds and other notes payable approximate fair value. During the years ended June 30, 2022 and 2021, interest paid was approximately $268,000 and $274,000, respectively. … The carrying amounts of variable rate bonds and other notes payable approximate fair value. During the years ended June 30, 2022 and 2021, interest paid was approximately $268,000 and $274,000, respectively. Capitalized interest was approximately $8,900 and $4,600 for the years ended June 30, 2022 and 2021, respectively.Basis for OpinionWe conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities … See more

https://www.healthcaredive.com/news/ascension-q2-2024-earnings/707928/#:~:text=St.%20Louis-based%20Ascension%20Healthcare%20brought%20in%20%24231%20million,its%20operational%20improvement%20in%20part%20to%20volume%20growth.

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Consolidated Ascension Financial Statements - Q4 FY23

(5 days ago) WebAscension was advanced approximately $2,000,000 through the Centers for Medicare and Medicaid Services’ Accelerated and Advanced Payment Program in April 2020. All funds …

https://about.ascension.org/-/media/project/ascension/about/section-about/financials/2023/consolidated-ascension-financial-statements-q4-fy23.pdf

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ASCENSION C ONSOLIDATED F INANCIAL S TATEMENTS AND …

(5 days ago) WebExpenses for the defined-contribution plans were $443,356 and $416,612 for the years ended June 30, 2021 and 2020, respectively, and are included in employee benefits in …

https://emma.msrb.org/P11527294-P11180992-P11597630.pdf

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ASCENSION - emma.msrb.org

(5 days ago) WebAscension Health Alliance d/b/a Ascension Opinion We have audited the consolidated financial statements of Ascension Health Alliance d/b/a Ascension (the System), …

https://emma.msrb.org/P11620814-P11249353-P11673764.pdf

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Ascension Health closes 2022 with $1.8B loss, -3.1% margin

(Just Now) WebAscension Health closed its 2022 fiscal year with an $879.1 million operating loss and net loss of more than $1.8 billion, according to investor disclosures for …

https://www.fiercehealthcare.com/providers/ascension-health-closes-2022-18b-loss-31-operating-margin

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Ascension posts $231M in quarterly operating income as labor …

(Just Now) WebSt. Louis-based Ascension Healthcare brought in $231 million in operating income during its second quarter 2024 ended Dec. 31, compared to an operating loss of …

https://www.healthcaredive.com/news/ascension-q2-2024-earnings/707928/

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CONSOLIDATED FINANCIAL STATEMENTS - IN.gov

(3 days ago) WebAscension Notes to Consolidated Financial Statements (Dollars in Thousands) June 30, 2019 9 1. Organization and Mission Organizational Structure Ascension Health …

https://www.in.gov/health/files/Ascension-Consolidated-CFS-YE-06302019-and-2018.pdf

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JPM23: Ascension Health details $2.5B economic …

(Just Now) WebAscension Health took a financial hit in the first three months of 2022, posting an operating income loss of $671 million for the three months ending March 31 and its operating margin dropped to

https://www.fiercehealthcare.com/providers/jpm23-ascension-health-details-25b-economic-recovery-plan-rebound-financial-operational

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Ascension Health System's Turnaround Strategy: A Path Towards …

(4 days ago) WebThe health system's improved financial performance is also attributed to recent managed care negotiations with commercial payers which led to better net patient …

https://medriva.com/covid-19/ascension-health-systems-turnaround-strategy-a-path-towards-financial-sustainability/

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Consolidated Ascension Financial Statements - Q3 FY23

(5 days ago) WebAscension was advanced approximately $2,000,000 through the Centers for Medicare and Medicaid Services’ Accelerated and Advanced Payment Program in April 2020. All funds …

https://about.ascension.org/-/media/project/ascension/about/section-about/financials/2023/consolidated-ascension-financial-statements-q3-fy23.pdf

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Ascension Health Consolidated Financial Statements

(2 days ago) WebAscension Healthcare’s home health, hospice and other related services to an unconsolidated joint venture with Evolution Health, LLC during fiscal years 2016 and …

https://seiuhcilin.org/wp-content/uploads/2018/07/Ascension-Health-Consolidated-Financial-Statements-FY-2017.pdf

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Ascension faces negative outlooks following weak earnings

(1 days ago) WebDive Brief: Ascension Health, one of the largest hospital systems in the country, is facing negative outlooks from two credit rating agencies after the St. Louis …

https://www.healthcaredive.com/news/ascension-faces-negative-outlooks-following-weak-earnings/696104/

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Ascension Healthcare Retirement Savings Program

(9 days ago) WebRevised January 1, 2023 Ascension Healthcare Retirement Savings Program Summary (403(b)/ECA) 6 Employer Automatic Contributions As of the Effective Date specified in …

https://fluxconsole.com/files/item/324/185147/AH%20403(b)_ECA%20Plan%20Summary_Revised%201.1.23.pdf

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Financial Assistance Ascension

(3 days ago) WebFinancial Assistance Financial Assistance. Ascension is committed to finding solutions for people who are uninsured and underinsured. Choose your state to learn about our …

https://healthcare.ascension.org/financial-assistance

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Ascension reports cybersecurity incident, possible data breach

(9 days ago) WebAscension's cybersecurity incident is one among a growing list of healthcare organizations affected by possible data breaches. In April, Kaiser Foundation Health …

https://www.modernhealthcare.com/cybersecurity/ascension-possible-data-breach-cyberattack

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Cardiology Ascension

(8 days ago) WebCardiologists and care teams at Ascension sites of care deliver personalized care for your heart and vascular health. Delaying care for heart attack may lead to more serious …

https://healthcare.ascension.org/specialty-care/cardiology

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Ascension releases Q2 FY24 financial results Ascension

(5 days ago) WebAscension has released its second fiscal quarter financial results for the three and six months ended December 31, 2023. Ascension reported income from …

https://about.ascension.org/news/2024/02/ascension-releases-q2-fy24-financial-results

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Cardiologists Near Me Ascension

(6 days ago) WebFind Cardiologists. We can help connect you with the healthcare services you need. At Ascension, your health is our focus. Home; Find Care; Cardiologists. Find Cardiologists …

https://healthcare.ascension.org/find-care/specialty/cardiologists

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Nondiscrimination in Health Programs and Activities

(5 days ago) WebSUMMARY: The Department of Health and Human Services (HHS or the Department) is issuing this final rule regarding section 1557 of the Affordable Care Act …

https://www.federalregister.gov/documents/2024/05/06/2024-08711/nondiscrimination-in-health-programs-and-activities

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Ascension Health Pension Services - Your Health Improve

(5 days ago) Web2023 Summary of Benefits and Coverage Ascension. Health (3 days ago) WEBWith over 100 years of care experience, we created and designed this health plan for what matters …

https://www.mediwells.com/?ascension-health-pension-services/

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Ascension releases Q3 FY23 YTD financial results Ascension

(9 days ago) WebThe 1 in 50: Ascension Maternal Health Report offers an in-depth look into the current state of maternal health, spotlighting Ascension’s pivotal role in delivering …

https://about.ascension.org/news/2023/05/ascension-releases-q3-fy23-ytd-financial-results

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Palisades Medical Center-Outpatient Services - Hackensack …

(8 days ago) WebNorth Bergen Outpatient Counseling at HMH Palisades in North Bergen, NJ specializes in mental health services for children (10+), adolescents, and adults. We offer psychiatric …

https://www.hackensackmeridianhealth.org/en/locations/palisades-medical-center-outpatient-services

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