UofL Health Narrows Operating Loss by $51M in Fiscal 2026

UofL Health reported a $9.5 million operating loss (-0.3% margin) for fiscal 2026, ending June 30, improving from a $60.8 million operating loss (-2.2% margin) in fiscal 2025, according to a Nov. 4 audit report shared with Becker's. Operating revenue rose 7.7% to $2.94 billion while operating expenses increased 5.7% to $2.95 billion, driven largely by costs tied to a new master affiliation agreement among the University of Louisville, UofL Hospital, UofL Health, and UofL Physicians effective July 1, 2025. The system's long-term debt totaled $399.8 million and net assets were $692.5 million as of June 30, with days cash on hand rising to about 47.8 from 39.5 the prior year.