North Carolina’s largest hospital systems made billions of dollars in profits during the pandemic, while simultaneously taking $1.5 billion in taxpayer-funded COVID-19 relief funds, according to a report released Wednesday by the state treasurer’s office.
The report, titled, “North Carolina Hospital Systems Profit During COVID” was published by State Treasurer Dale Folwell who called on the hospital systems to “use their profits to lower costs for patients” or “return unnecessary, taxpayer-funded relief dollars.”
