Observed case fatality rate (CFR) of COVID-19 has decreased since the beginning of the pandemic. Reasons for this decline include improved knowledge of COVID19 pathogenesis, leading to improved medical care of confirmed cases. However, ascertainment also plays a role: as more low-risk individuals are tested and more mild cases identified, observed CFR will decline. Previously I showed that geography-level CFR was cross-sectionally negatively associated with test density; here I test for similar trends within geography over six months, and check plausibility of various posited causes. Although CFR varied between geographies, its association with testing did not: in 162 geographies, CFR dropped by an average of 18% (median 21; IQR 5–30) for each doubling of test density. Change in CFR within a given geography was not associated either with that geography’s medical spending or with whether the bulk of cases occurred early or late in the pandemic. This shows that medical interventions, including those specific to COVID-19, have only a minimal effect on total CFR. Two major conclusions follow. First, interventions to reduce CFR should be evaluated by comparing groups that received the intervention to those who did not: decline in CFR after an intervention is not evidence of effectiveness. Second, improving clinical care of confirmed COVID-19 cases has only a minimal effect on death rates. To minimize the total death toll of COVID-19, policymakers should prioritize reducing infections.