HealthPartners saw income grow amid COVID-19 in 2020 HealthPartners saw lower clinic revenue but higher health insurance earnings. May 6, 2021 1:13pm Text size Copy shortlink:
COVID-19 cut patient-care revenue but drove a rebound in income from insurance coverage last year at Bloomington-based HealthPartners, with the crosscurrents netting out to stronger earnings overall.
Clinics operated by the Bloomington-based nonprofit group saw a significant revenue decline last year as well as losses stemming from the government shut down of our medical and clinic operations due to COVID-19, according to a regulatory filing. Hospitals and clinics were subject to a government order designed to preserve resources last spring for an expected surge in COVID-19 patients.