In the quarter ending March 31, Mass General Brigham reported an operating income of $250 million, including $232 million in grants from the Provider Relief Fund. Without the grants, Mass General Brigham would have generated an operating income of $18 million, which is a 0.5 percent operating margin. The $18 million operating income includes an income of $21 million from healthcare provider services and a loss of $3 million from its insurance activity. In the same quarter last year, the health system posted an operating loss of $178 million, which was a minus 5.2 percent operating margin.
Overall in the second quarter of fiscal 2021, Mass General Brigham recorded a net income of $956 million, which included a non-operating gain of $706 million. In the second quarter of fiscal 2020, Mass General Brigham recorded a $1.6 billion net loss, including a non-operating loss of $1.4 billion.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
