Tag Archives: expenses

Mayo Clinic bounces back from pandemic, but expenses rise dramatically

Dive Brief: The Mayo Clinic reported turning a profit in the first quarter of the year, although its expenses rose significantly compared to the first quarter of 2020, which was mostly completed before the COVID-19 pandemic became a significant issue. Overall, net income for the Minnesota-based multistate hospital system totaled $ 243 million without counting… Read More »

Medical expenses from coronavirus could cost the US healthcare system up to $654 BILLION

Coronavirus medical expenses could cost the US up to $ 654 BILLION as the healthcare system strains to provide ventilators, hospital beds and care for patients with YEARS of complications from the virus to come, study suggests Researchers found that the average cost of coronavirus infection alone is $ 3,045, which is four times higher than… Read More »