Christine Spolar

Despite Covid, Many Wealthy Hospitals Had a Banner Year With Federal Bailout

KHN Original

As the crisis crushed smaller providers, some of the nation’s richest health systems thrived, reporting hundreds of millions of dollars in surpluses after accepting huge grants for pandemic relief. But poorer hospitals — many serving rural and minority populations — got a smaller slice of the pie and limped through the year with deficits and a bleak fiscal future.