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.
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