Highmark Health reported on Thursday that it had $209 million in operating losses in 2024. The organization’s Allegheny Health Network had $147 million of Highmark’s operating losses. The organization says those losses were partially driven by increased patient volumes.

Pittsburgh-based Allegheny Health Network recorded an operating loss of $147 million (-2.9% operating margin) in 2024, an improvement from a $172.7 million loss (-3.7% margin) in 2023, according to its March 13 financial report.