Daily News | Children’s Hospital of Philadelphia just had its smallest operating margin in at least 10 years
operating margin profit margin in at least 10 years during
the nine months that ended March 31, according to an Inquirer analysis of the not-for-profit health system’s financial results. That’s true even excluding federal COVID-19 aid during the pandemic.fiscal 2023 climbed to $3.05 billion, up 11% from a year ago, but its operating income fell 28% to $101 million.A spokesperson for CHOP did notDespite the narrowing of its operating profit margins, CHOP remains extraordinarily strong financially.
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