05.19.20

Mayo Clinic, CommonSpirit, and Mass General Feel Hit From COVID-19 in Q1

Source: FierceHealthcare

Major health systems the Mayo Clinic, CommonSpirit Health, and Mass General Brigham revealed the first details on how the COVID-19 pandemic is hitting them financially, with some systems reporting millions in losses, according to a FierceHealthcare report.

The systems announced their first-quarter financial results, which showed a steep drop-off in income in the middle of March when systems canceled elective procedures and patient volume plummeted.

Read the full article.

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