Advocate Aurora Health wrapped up its bounce-back year with higher operating income, patient service revenue, expenses and investment income, culminating in a 2021 net income of $1.85 billion—more than triple the $558 million it had posted in 2020.
Each of these increases was attributed to the diminishing impact of the COVID-19 pandemic, which had inflicted “a significant negative impact” on the nonprofit through much of 2020, Advocate Aurora’s management wrote in published financial filings.
(Fierce Healthcare)