The Minnesota Hospital Association recently issued a report that hospitals around the state are losing $30 million a day due to the new restrictions in place to combat the new coronavirus. Those restrictions include not performing any elective surgeries. But Dr. Jason Huikko of Stevens Community Medical Center told the KMRS Community Connection that SCMC – at least in the short term – is in good financial shape.
“Luckily here, Stevens Community Medical Center has been in a good financial position,” said Huikko. “We certainly can sustain this lost revenue in the short term and still be able to maintain our independence going forward. But every hospital certainly has to look at their own situation and everyone is going to be able to tolerate this at different time frames.”
Huikko said SCMC is keeping all employees on and their compensation up to their average, even if they are being sent home because of lack of work.