Mass General Brigham Swings to $1M Loss in Most Recent Quarter

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Mass General Brigham Swings to $1M Loss in Most Recent Quarter
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Mass General Brigham, the state’s health system, reported a $1 million operating loss in the last three months of 2022, its finances largely helped by a $22 million federal grant under the American Rescue Plan Act.

Mass General Brigham, the state’s health system, reported a $1 million operating loss in the last three months of 2022, its finances largely helped by aIn the same period, the health system's first quarter of fiscal 2023, it took in $4.5 billion in total operating revenue. The largest chunk of that came from patient care revenue, which grew 6% to $3.2 billion.

The largest employer in Massachusetts faced many of the same woes as last year, which are shared by most hospitals now, mainly

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