Kelly Adams, CEO of Santa Cruz Valley Regional, said that the facility has enough money to sustain operations for just two to three weeks.
“We just need the help, just being a small, independent hospital, we just need help to survive this cash crunch right now,” Mr. Adams said.
The cash crunch comes after Arizona Gov. Doug Ducey ordered hospitals in the state to suspend elective procedures to help free up staff and supplies for COVID-19 patients. Many hospitals rely on those procedures to sustain a positive margin.
To help offset some of the revenue loss, the hospital has eliminated overtime for workers and asked staff to reduce their hours, Mr. Adams said.
However, these cuts are not enough. It is unclear how much funding the hospital needs to remain afloat.
Read the full report here.
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