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Labor costs drive early-year losses at Allina, Fairview

By Star Tribune  
   May 19, 2023

Labor costs and trouble with patient discharges again contributed to financial losses at Allina and Fairview, the two largest health systems in the Twin Cities. A first-quarter operating loss of $101.6 million at Allina reflects industry-wide trends that hit the Minneapolis-based health system harder than expected, Chief Financial Officer Ric Magnuson said in an interview.

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