The three largest nonprofit health systems, Ascension, CommonSpirit Health and Trinity Health, saw their financial performance begin to bounce back in fiscal year 2021 after the COVID-19 pandemic hurt performance a year earlier, Becker’s reports.
Ascension, a 146-hospital system based in St. Louis, reported net income of $5.7 billion on revenue of $27.2 billion in the fiscal year ended June 30.
Chicago-based CommonSpirit Health, which operates 140 hospitals, reported net income of $5.2 billion on revenue of $33.3 billion.
Trinity Health, a 92-hospital system based in Livonia, Mich., reported net income of $3.9 billion on revenue of $20.2 billion. Read more.
