Ohio's hospitals have seen nearly one-third of their revenue evaporate from suspending non-essential procedures while gearing up for the coronavirus surge – a collective negative impact of $1.2 billion per month. Annual revenue is about $48 billion for 236 hospitals and 14 systems, according to the Ohio Hospital Association, which is collecting data daily from its members on the impact of the pandemic. Many community hospitals already were on “razor-thin margins” before the crisis, association…

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  • Ohio Hospital Association | Ohio Hospital Association
    March 24 - OHA members report the estimated negative financial impact of this outbreak is approaching $1.2 billion per month. This represents about 30% of Ohio hospitals’ average monthly revenue during more normal times – a 30% overnight drop in overall hospital funding.
    05/30/2020 - 5:19 pm | View Website
  • Ohio hospitals facing $1.2B monthly revenue drop from ...
    A ban on elective procedures while gearing up for a surge of #Covid19 patients is costing Ohio's hospitals a combined $1.2 billion a month, 30% of revenue.
    05/29/2020 - 5:10 am | View Website
  • Fairfield Medical Center Company Profile
    Ohio hospitals facing $1.2B monthly revenue drop from suspending elective procedures during pandemic
    05/27/2020 - 6:34 pm | View Website
  • Ohio Hospital Association Company Profile
    Ohio hospitals facing $1.2B monthly revenue drop from suspending elective procedures during pandemic
    05/27/2020 - 4:40 pm | View Website
  • Five things to know today
    Ohio hospitals face $1.2B monthly revenue drop from suspending elective procedures Ohio's hospitals have seen nearly one-third of their revenue evaporate from suspending non-essential procedures...
    05/21/2020 - 8:04 am | View Website
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