News Alert: As the pandemic crushed smaller hospitals, some of America’s wealthiest health systems recorded big surpluses after accepting federal relief

Health systems including the Mayo Clinic, Pittsburgh's UPMC and NYU Langone Health received hundreds of millions of dollars. But poorer hospitals — many serving rural and minority populations — got a tinier slice of the pie and ended the year with deficits, downgrades of their bond ratings and bleak fiscal futures, financial records show. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Sign up for alerts News Alert April 1, 8:24 a.m. EDT As the pandemic crushed smaller hospitals, some of America's wealthiest health systems recorded big surpluses after accepting federal relief Health systems including the Mayo Clinic, Pittsburgh's UPMC and NYU Langone Health received hundreds of millions of dollars. But poorer hospitals — many serving rural and minority populations — got a tinier slice of the pie and ended the year with deficits, downgrades of their bond ratings and bleak fiscal futures, financial records show. Read more   Advertisement

Manage my email newsletters and alerts | Unsubscribe | Privacy Policy | Help You received this email because you signed up for news alerts or because it is included in your subscription. ©2021 The Washington Post | 1301 K St NW, Washington DC 20071