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Champlain Valley Physicians Hospital, known as CVPH, in Plattsburgh. Photo: Emily Russell
May 19, 2021
Ryan FinnertyChamplain Valley hospitals announce more than $11 million in losses over 6 months
Hospitals in Plattsburgh and Malone announced substantial financial losses since October, citing impacts of the COVID-19 pandemic.
While it might seem strange for a healthcare facility to lose money during a national medical emergency, that is exactly what has happened at hospitals around the country and here in the North Country.
The reason is that Americans have been using less healthcare.
Staying at home orders meant fewer accidental injuries and concerns about contracting an infectious disease resulted in fewer elective procedures being scheduled.