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France's Public Hospitals Face Record €2.4 Billion Deficit in 2023

New data from Drees highlights the deepest financial crisis in two decades, driven by the end of pandemic-era support and rising over-indebtedness.

La Drees souligne, dans une étude publiée jeudi 22 mai 2025, que les hôpitaux publics ont connu une dégradation « sans précédent » de leurs comptes financiers en 2023. Photo d’illustration.
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Overview

  • Public hospitals in France recorded a €2.4 billion deficit in 2023, nearly doubling from the previous year and reaching 2.3% of total revenues.
  • The deficit marks the largest financial shortfall in the sector since 2005, attributed to the phase-out of exceptional pandemic support measures.
  • Despite debt relief provided under the Ségur de la santé reforms, over-indebted hospitals increased to 36% in 2023, up from 34% in 2022.
  • Private clinics also faced financial strain, with profits dropping to €362 million (1.8% of revenues) and 32% of clinics operating at a loss in 2023.
  • The Fédération hospitalière de France forecasts an even larger public hospital deficit of €3.4 billion for 2024, underscoring ongoing structural challenges.