| The nation’s largest Catholic system is dealing with a significant increase in supply costs to treat patients who have been infected by COVID-19. Nevertheless, it was able to eke out a 7.7% increase in operating revenues compared to the same period in 2019. CommonSpirit has also been buoyed by a $527 million jump in investment returns compared to the year-ago quarter. Partly as a result, it reported an $800 million surplus for the quarter, compared to a $285 million deficit during the same period in 2019. For fiscal 2020, it reported a loss of $550 million. |
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