MORE: Dayton Children’s opens 3rd retail clinic
Ohio Hospital Association reported that from a state perspective, from the March 9 declaration of the public health emergency, to the May 1 restart of some elective procedures, Ohio hospitals had $2.38 billion in lost revenue and unanticipated emergency expenses.
“As elective procedures continue their gradual phase-in, OHA estimates hospitals continue to lose $6 million in revenue per day due to low patient volumes and decreased hospital utilization. To date, the total financial impact on Ohio hospitals is $3.30 billion,” John Palmer, spokesman for Ohio Hospital Association, said in an email.
He said Ohio hospitals have received $1.93 billion in total CARES Act funding from both the provider relief fund and delayed cuts to Medicaid disproportionate share funding.