Iowa hospitals lost an estimated $433 million in March through October because of COVID-19, according to a report this week from the Iowa Hospital Association.
The association said that hospitals across the state have spent $1.25 billion to equip themselves and to care for people with the highly contagious coronavirus.
Relief funds from federal government stimulus programs offset much of those costs, and were included in the calculations that still resulted in a loss estimate, the association reported.
However, the estimate did not include aid from some federal programs including the Paycheck Protection Program and the Federal Emergency Management Agency, or from state funding.