The Office of Health Strategy released its Annual Report on the Financial Status of Connecticut’s Short Term Acute Care Hospitals for Fiscal Year 2023 pursuant to CGS § 19a-670. “The report shows that 2023 saw general improvement in the financial health of our hospitals. In 2022 Connecticut’s hospitals had an overall negative profit margin, but 2023 saw that average turned around to a positive margin of 1.65%.” Seventy percent (70%) of hospitals had a positive five-year total margin,” said Deidre Gifford, MD, MPH, Commissioner. “Hospital net assets increased to $10 billion in FY 2023.”