CommonSpirit records $925M operating loss in 2nd half of 2022 (beckershospitalreview.com)
An often repeated lie from the doctors of disinformation is that hospitals profited from COVID. Some have even gone so far as to suggest hospitals suppressed treatment and pushed vaccination for the expressed purpose of increasing volumes.
Those are truly despicable lies. Hospitals are filled with folks who literally put their lives on the line to care for the sick and injured. Most hospitals are non-profit organizations who treat all irrespective of insurance status or ability to pay.
The financial impact of COVID on hospitals is becoming very clear and its devastating. The other day I posted an article about Kaiser Permanente’s operating losses which are in the billions. Today I attached an article about CommonSpirit Health Systems second quarter loss - a staggering $925M.
For those who don’t know, CommonSpirit is a faith based nonprofit system, one of the largest in the country. The organization provides millions of dollars in charity care.
The point of this is to show in graphic detail just how despicable and dishonest it is for a handful of marginal physicians (and others) who have absolutely no hospital experience either clinically or managerially, to impugn hospitals, doctors, nurses and executives for profiteering over COVID.
Ironically, it is the doctors of disinformation who are profiting selling ineffective treatments and disinformation.
Speaking of despicable, it doesn't get much more so than this: https://vigilantfox.substack.com/p/university-hospitals-paid-parents
Yeah, sure; nothing says profit like advocating for an extremely effective, long out of patent anti-parasite medicine that costs pennies a dose.