Supply costs, payer challenges drag CommonSpirit Health to -5.8% operating margin in fiscal Q3

Even without counting the multi-billion hit tied to the early termination of a major joint venture and outsourcing arrangement, CommonSpirit Health’s operations took a bruising during the three mon | Operating performance at the 137-hospital nonprofit system took a dive even before the recorded impact of a multi-billion-dollar decoupling from Tenet's revenue cycle business.