Marshfield (Wis.) Clinic Health System is extending any debt coverage obligation waivers until the end of 2023, the system said in an Aug. 9 filing.
The 11-hospital system, which is due to combine with Duluth, Minn.-based Essentia Health to form a 25-hospital system by the end of the year, made the filing under the title "reflecting financial difficulties."
Marshfield Clinic reported a revised operating margin for the first quarter of -5.4 percent July 7. Its operating loss was revised downward to $42.1 million for the period.