Providence puts years of losses in rearview with its third consecutive quarter of operating gains
Providence’s turnaround efforts are continuing to gain steam, securing the 51-hospital nonprofit a $111 million net operating income (1.5% operating margin) for the start of 2026 and its third cons The West Coast nonprofit health system reported a 1.5% operating margin and roughly $360 million net improvement for the first quarter, which management attributed to a slew of restructures, divestitures and other initiatives.

The West Coast nonprofit health system reported a 1.5% operating margin and roughly $360 million net improvement for the first quarter, which management attributed to a slew of restructures, divestitures and other initiatives.
Source: Fierce Healthcare