How Temple University Health System posted an $89M profit in fiscal 2020 despite Covid-19

Fueled by a strong performance at its flagship hospital, Temple University Health System posted an $88.8 million profit in fiscal 2020 despite the Covid-19 challenges in the last quarter. The North Philadelphia health system generated revenue of just under $2.3 billion in the fiscal year ending June 30. The health system's revenue and net income are both up from the previous year's figures of $2.25 billion and $24.95 million, respectively. "Fiscal year 2020 was an extraordinary y ear for Temple…
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