Northern Light Health lost $156M in 2024

Northern Light Health lost $156M in 2024

Northern Light Health lost $156 million in 2024, according to its annual report released Tuesday. The health care system’s operating loss surged in the last fiscal year, increasing from $36 million in 2023. Of that increase, $100 million is from an advance payment from Optum after a cyber attack at Change Healthcare interrupted Northern Light’s ability to send bills, James Rohrbaugh, the system’s chief financial officer, said. The system is also…