coronavirus
Iowa hospitals’ financial losses mount amid COVID-19
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Iowa hospitals lost an estimated $433 million in March through October because of COVID-19, the Iowa Hospital Association said in a report released Wednesday, Dec. 16. The association reported that the state’s hospitals have spent $1.25 billion to equip hospitals for and to care for people with the highly contagious coronavirus that has killed 3,354 Iowans and 307,076 Americans. Provider relief funds from federal government stimulus programs offset much of those costs and were included in the calculations that resulted in the loss estimate, the association reported. The projection did not include money from some federal programs, like the Paycheck Protection Program and the Federal Emergency Management Agency, or state funding, the association reported.
