Iowa hospitals’ financial losses mount amid COVID-19
Lauren Wade/IowaWatch file photo
By Lyle Muller / IowaWatch
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.
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.
University of Iowa Hospitals and Clinics.
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.
YOU SAID IT: Bragging rights ottawasun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ottawasun.com Daily Mail and Mail on Sunday newspapers.
Article content
Jace Waaskaahiikin takes little solace in the decision by the Ottawa Crown Attorney’s office Friday to stay mischief charges against him and 11 fellow demonstrators who were protesting against systemic racism when they were arrested in the early-morning hours of Nov. 21 at the intersection of Laurier Avenue and Nicholas Street.
“They really did fulfill the thing we were there to protest,” said Waaskaahiikin, who travelled from his home in Kitigan Zibi to the Ottawa demonstration to join a coalition in support of Black and Indigenous lives. “Like we said, the police don’t uphold, to any degree, the space needed for Indigenous and Black people in Ottawa.”