New US hospitals face fiscal crisis over COVID relief money

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New US hospitals face fiscal crisis over COVID relief money
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A handful of U.S. hospitals are facing a financial crisis that officials say was caused by the federal government's rules for pandemic relief money

A man walks through the lobby of Thomasville Regional Medical Center in Thomasville, Ala., on Tuesday, May 3, 2022. The hospital is among three in the nation that say they are missing out on federal pandemic relief money because they opened during or shortly before the COVID-19 crisis began.

The only thing that's saved the facility from financial ruin so far is the cooperation of doctors, contractors and vendors who haven't pushed for payments, he said. “If we lose them, we lose the hospital,” said Beus.Three Crosses Regional Hospital opened in 2020 in Las Cruces, New Mexico, and piled up a staggering $16.

“They’ve been assured they’re going to be taken care of. But the fact is, when you’re dealing with government entities, you don’t have the money until you have the money,” said Williamson. “We thought we were off to a good start,” said James, the chief executive. “And then everything shut down.”

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