Tag Archives: fiscal

COVID-19 drags CommonSpirit into red for first full fiscal year

Dive Brief: With help from federal coronavirus relief, nonprofit CommonSpirit Health reported fairly healthy operational earnings of $ 1.4 billion for the 2020 fiscal year — its first as a combined organization, following the merger of systems Dignity Health and Catholic Health Initiatives last year. However, lowering admissions, badly performing investments and higher charity and… Read More »