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Cleveland Clinic net losses top $1.5B | Financial woes persist for health systems

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Wednesday, November 30, 2022
Wednesday, November 30, 2022
Cleveland Clinic

Cleveland Clinic's net loss exceeds $1.5B so far this year

The Ohio-based nonprofit reported $9.2 billion in expenses during the first three quarters of 2022, driven in part by elevated labor costs.

 
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Hospitals expected to end year in the red, Kaufman Hall reports

For the 10th consecutive month, health systems reported losses due to industrywide issues with staffing and patient volumes, according to Kaufman Hall's data.

 
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Twitter ends COVID misinformation policy

Twitter's decision to no longer remove false claims about the virus, or the safety and effectiveness of vaccines disappointed public health officials.

 
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Cleveland Clinic adds five new in-country representatives

            

 
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Taxpayers pay when community health centers face malpractice lawsuits

Over 480 payouts were made nationwide involving community health centers from 2018 through 2021. The settlements and judgments totaled $410 million paid.

 
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