The Arizona Hospital and Healthcare Association has estimated that hospital revenues are down 30-40% due to fewer surgeries and emergency room visits.
While some healthcare workers are busier than ever tending to COVID-19 patients, others are seeing pay cuts and reduced hours.
ABC 15 reported Tuesday that Banner Health, Dignity Health, and Mayo Clinic all plan to reduce labor costs. They emphasized that workers involved in the coronavirus response will not be affected.
Banner plans to temporarily furlough up to 3,000 of its Arizona staff members, out of a total of 43,000 employees in the state, The Arizona Republic reported. Senior leaders plan to take up to a 20% cut in pay starting next month.
It’s unclear how many workers with Dignity Health and Mayo Clinic will be affected.
Many hospitals have seen increased expenses due to expanding capacity for coronavirus patients, as well as decreased income due to a hold on elective surgeries.
RELATED: Women Are Losing Their Jobs More Than Men Due To Coronavirus. Here’s Why.
The Arizona Hospital and Healthcare Association has estimated that hospital revenues are down 30-40% due to fewer surgeries and emergency room visits, equaling about $430 million to $575 million per month across the state. According to FOX 10, Mayo Clinic said it expects to lose $3 billion due to the virus.
FOX 10 also reported that some nurses in the Valley who have reduced work have gone to coronavirus hotspots like New York to help with the effort and get paid.
“It’s just really hard because I personally am the main provider for my family,” one of these nurses told the TV station. “And I’m not working or getting any shifts and it’s hard financially.”
But some hospitals may see some help soon. The U.S. Senate on Tuesday approved a $484 billion aid package that includes $75 billion in financial assistance for hospitals.
The House is expected to pass the bill Thursday, and President Donald Trump has indicated that he will sign it.
Looking for the latest Arizona news in this time of crisis? Sign up for our daily newsletter and have it delivered straight to your inbox.
Author
Support Our Cause
Thank you for taking the time to read our work. Before you go, we hope you'll consider supporting our values-driven journalism, which has always strived to make clear what's really at stake for Arizonans and our future.
Since day one, our goal here at The Copper Courier has always been to empower people across the state with fact-based news and information. We believe that when people are armed with knowledge about what's happening in their local, state, and federal governments—including who is working on their behalf and who is actively trying to block efforts aimed at improving the daily lives of Arizona families—they will be inspired to become civically engaged.
He said what? 10 things to know about RFK Jr.
The Kennedy family has long been considered “Democratic royalty.” But Robert F. Kennedy, Jr.—son of Robert F. Kennedy, who was assassinated while...
Here’s everything you need to know about this month’s Mercury retrograde
Does everything in your life feel a little more chaotic than usual? Or do you feel like misunderstandings are cropping up more frequently than they...
Arizona expects to be back at the center of election attacks. Its officials are going on offense
Republican Richer and Democrat Fontes are taking more aggressive steps than ever to rebuild trust with voters, knock down disinformation, and...
George Santos’ former treasurer running attack ads in Arizona with Dem-sounding PAC name
An unregistered, Republican-run political action committee from Texas with a deceptively Democratic name and ties to disgraced US Rep. George Santos...
