Health care giant UPMC boosted operating revenue 13% to $25.06 billion for the nine months ending Sept. 30, driving operating income to $424 million for the period from a loss of $262 million a year ago and representing a $686 million improvement, according to the latest financials.
UPMC attributed the turnaround to increased hospital volumes and improved underwriting margin in the Insurance Services Division.
The results exclude $285 million in restructuring costs, $20 million incurred in 2025 and $109 million in 2024, which pares its operating income to $139 million for the most recent nine months.
UPMC lost 9,248 commercial insurance members during the nine months, with about an equal number gained in Medicare product members, bringing the total number of insured lives for the period

Pittsburgh Post-Gazette

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