Ballad Health Has Avoided A Second Straight Year Of Losses, Reporting A $6.7 Million Operating Income For Fiscal 2024. CEO Alan Levine Credits Improved Nursing Turnover Rates, Now At 13.8%, For Helping Stabilize Finances. A $38.7 Million Federal Settlement Offset Continued Challenges. Without It, Ballad Would Have Posted A $30 Million Loss. Patient Service Revenue Reached $2.4 Billion, While Expenses Totaled $2.5 Billion. Meanwhile, Emergency Room Wait Times Have Improved But Remain Above Desired Levels.
