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CommonSpirit Health posts $397 million loss

Posted On: Nov. 17, 2022 9:27 AM CST

CommonSpirit Health posted a $397 million net loss in the first quarter of its new fiscal year as the health system reported higher labor costs and fewer patients turning up for care in key service areas, reports Healthcare Dive. Outpatient and emergency room volumes declined in the quarter ending Sept. 30, compared with the same period last year.