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Payouts Louisiana hospitals received For COVID-19 may not be enough

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Posted at 6:59 AM, May 26, 2020

Louisiana health care facilities are set to receive over a billion dollars of federal funds due to COVID-19.

But some hospital executives are saying that it might not be enough to escape financial loss.

According to our media partners at The Advocate, the chief executive of Ochsner projects a total loss of $200 million in revenue over the past three months.

Other hospitals officials around the state are considering asking staff to use paid time off and are looking at other cost-cutting measures as well.

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