Thread regarding Ascension Health layoffs

"Catholic hospital chain Ascension posted a -3.1% operating margin..."

https://www.documentcloud.org/documents/22415410-ascension-fy-2022

"Catholic hospital chain Ascension posted a -3.1% operating margin in its 2022 fiscal year that ended in June, new audited financial documents show. Ascension’s net margin was -6.6%, as the down stock market continues to tank hospitals’ investments."

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Post ID: @OP+1iN71mkI

5 replies (most recent on top)

They’re looking to cut service lines in rural or remote areas.

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Post ID: @2gov+1iN71mkI

What? All of those tax breaks and subsidies due to their "not-for-profit" status and they STILL CAN'T MAKE IT?

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Post ID: @2gwx+1iN71mkI

Oh no! Maybe they should just stick to healthcare?

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Post ID: @1yfy+1iN71mkI

Good? Not for employees! Think about it.

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Post ID: @1dhl+1iN71mkI

Good!

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Post ID: @1ndi+1iN71mkI

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