Some rural Iowa hospitals will not survive the COVID-19 outbreak, industry leaders said Wednesday. That dire warning came as the Iowa Hospital Association revealed projections that show the state’s 118 hospitals, collectively, could lose as much as $2.17 billion in revenue by the end of this year.
Iowa hospitals received $190.3 million in CARES Act relief fund payments in April and were expecting as much as $360 million more in a second round of federal relief aid, interviews and documents shared with IowaWatch show. Part of a special national collaboration, "Slammed: Rural Health Care and CO