Revenues at the two local hospital have dropped considerably in the past few months as elective procedures are postponed due to the coronavirus. As a result, both have applied for and received federal aid to help meet payroll costs. William Newton Hospital is projected to lose more than $1 million in revenue between February and April due to the coronavirus, according to figures provided by hospital spokesperson Sarah Johnson. Net patient revenue for March was down 10.4 percent from February, even though there were two extra days in March. Although final numbers for April are not available yet, the hospital estimates net patient revenue for that month will be down about 32 percent compared to February.
(Read more: The Arkansas City Traveler)
