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Beaumont reports loss of nearly $100 million during first half of 2022

Beaumont reports loss of nearly $100 million during first half of 2022

BHSH attributes much of the losses to labor costs, which are higher in Southeast Michigan due to far more competition than the west side of the state.

“… unfavorable results were primarily due to increased salaries and wages expense, significant spend in agency and critical staffing and continued higher levels of premium and incentive compensation for clinical team members,” the health system wrote in its report. “In the second quarter we…


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