Providence reported a Q3 operating loss of $310m as it struggled to recover from a $6.1bn loss in FY 2022. Despite a 5% YoY revenue increase, it was affected by rising pharmaceutical and salary expenses, up 21% and 8% YoY respectively. However, the health system’s reliance on contract labour has come down and the financial outlook is improving. Meanwhile, non-acute volumes and inpatient admissions have grown.
Ways to ward off hackers
Jeffrey Bowie was arrested for trying to install malware into computers at SSM St. Anthony’s Hospital, Oklahoma City. Tech consulting firm Coffey & Consult noted
