Better Than Expected: Hospitals Reporting COVID Profits

In its analysis of hospital financial standing during Q2 of 2020, HealthcareDive is reporting that “all of the nation's largest for-profit hospital chains saw higher profits, and some more than tripled their net income compared to last year.”  Now, at first glance, that might seem like a shocking, provocative, and even dumbfounding statement to the outside observer; so, it deserves a little bit of unpacking.