I found this for 2022:
Their net assets did drop a little... $1.227 billion in 2021 to $1.138 billion in 2022. But the Patient accounts receivable is about the same: $76.9 million in 2021, $75.0 million in 2022. Which means that there was no real issue of not getting paid for patients.
The summary of the audit says:
The Medical Center has experienced business and staffing disruptions in recent fiscal years. This situation, coupled with the evolving nature of the specific terms and conditions of the Provider Relief Fund program, is the primary cause.
Due to business and staffing disruptions, duplicate expenses and lower lost revenues were reported to HRSA in the reporting Period 2. However, sufficient lost revenues were reported in Period 1 to cover the duplicate expense amount reported of $2.4 million.
Which means that the money lost came from a lower number of COVID cases.
Further...
Total debt
2021: $247,151,347
2022: $232,833,973
So they paid off $15 million in debt...
Salaries
2021: $587,631,361
2022: $633,112,447
So salaries went up by about $45.5 million...
Meaning, of course, that out of the $89 million loss in revenue, $60 million was from paying off debt and giving out raises.
There's nothing in the audit about immigrants...
Also of interest, you can see that the CEO's salary has gone up substantially since he started in 2016:
2016 - 947,615
2017 - 859,509
2018 - 1,176,120
2019 - 1,176,120
2020 - 1,787,913
It doesn't look like they've submitted to the IRS for 2021 or 2022 yet, though, and the audits don't specifically give his salary. But with salaries increasing as a whole by 8%, I'd be surprised if he didn't at least get an 8% raise... which would be $1,930,946.
You just proved that the hospital was profitable when Trump had the border under control but since Biden took over they have lost $20,000,000.
That's your desperate attempt to spin, but the facts show otherwise. They made more money during COVID, and now the pandemic has mostly ended so they're not getting that extra money.
It amazes and horrifies me how Trumpsters point to the pandemic and claim that it was a good thing
Sure, 1.12 million Americans died... but thank God the hospital CEO got his $600,000 raise!! Right?