Despite COVID, many wealthy hospitals had a banner year with federal bailout

The recipient of $338 million, Mayo Clinic ended the year with revenue that was $202 million higher than in 2019. Mayo recorded a $728 million surplus, which equaled a 5.2% margin. Other health systems, such as NewYork-Presbyterian Hospital and CommonSpirit Health, lost money despite federal grants in the vicinity of a billion dollars each.

View Original Notice ? Despite COVID, many wealthy hospitals had a banner year with federal bailout