Dive Brief:
CommonSpirit Health logged a $396 million operating loss for the quarter ended Sept. 30, as the nonprofit provider continued to battle cost challenges.
It’s the third quarter in a row that CommonSpirit has posted an operating loss. Management pinned its financial challenges on payer denials and delays , as well as reimbursement rates that the system says haven’t kept pace with inflation.
Still, CommonSpirit said it has made some progress toward righting its finances. The nonprofit said it grew patient volumes and got a better handle on expenses, including salary costs, during the quarter.
Dive Insight:
CommonSpirit is one of the nation’s largest Catholic health systems, operating 138 hospitals across 24 states. The health system reported $10.3 billion in operating reve

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