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Kaiser, Mass General Brigham operating losses driven in large part by labor expenses

Two of the nation's largest integrated health systems have reported financial losses, driven by labor shortages and increases in expenses and capacity. Kaiser Permanente reported an operating loss of $1.3 billion for 2022 compared to operating income of $611 million in 2021. The financial results reflect an increase in healthcare expenses driven by inflation, high COVID-19 ....

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