Lankenau Medical Center and other Main Line Health facilities had a narrow operating profit in the nine months ended March 31

Main Line Health reported a small operating profit of $214,000 in the first nine months of fiscal 2026, following a winter quarter setback. The four-hospital nonprofit system recorded an $8.5 million loss in the three months that ended March 31.

“Main Line Health experienced a challenging third quarter, driven primarily by an additional $21 million in malpractice claims accruals, as well as two significant weather events in January and February that negatively impacted outpatient volumes and revenue,” Main Line said in a statement.

“Despite those headwinds, March was a strong month, with both inpatient and outpatient activity exceeding expectations and generating solid operating performance,” the statement said.

Here are more details from Main Line’s report to municipal bond investors, published last week:

Revenue: Main Line reported $2.1 billion in revenue, up 10.2% from $1.9 billion last year. The health system logged an 8.9% increase in hospital stays and a 6.3% increase in emergency department visits, as fallout from last year’s closure of Crozer-Chester Medical Center and Taylor Hospital continued.

Expenses: The most notable increase in expenses was for insurance, which includes set-asides for medical malpractice reserves. Main Line’s insurance expense was $66 million this year, compared to $32 million last year.