Editor
CommonSpirit Health reported a $1.85 billion net loss for fiscal 2022 and closed out the year with a -3.8% operating margin, the Catholic not-for-profit health system disclosed Thursday.
The Chicago-based company’s performance during the fiscal year that ended June 30 compares to a $5.19 billion net gain during the prior 12-month period. Operating expenses were up 9% to $35.2 billion and revenue rose 2% to $33.9 billion….
