The health system "actively, critically, and deliberately" identified and executed on areas that needed improvement, interim CEO Deborah Addo said.
In this episode of HL Shorts, Penn State Health interim CEO, president, and chief operating officer Deborah Addo shares how the health system achieved a $217 million turnaround in fiscal year 2024.
Jay Asser is the CEO editor for HealthLeaders.
KEY TAKEAWAYS
For fiscal year 2024, Penn State Health reported a $160.5 million operating gain, representing a significant jump from the $56.8 million operating loss suffered in the previous year.