The 20 largest non-profit hospitals in the country continued making massive profits while their cumulative net assets soared to $324.3 billion in 2021 from $200.6 billion in 2018. The year 2021 is the latest year available for cross-comparison purposes.

Those hospital systems received congressional Covid bailouts of $23 billion and only two providers partially paid their Covid bailout back.

Meanwhile, hospital executives racked up Wall Street-sized compensation packages which frequently exceeded $10 million per year. For example, the CEO at Ascension Healthcare based in St. Louis, Missouri made $13 million in 2021 – with three-year pay exceeding $22 million.