Despite decreased patient revenue Covid money gives KDH a historical profit in 2020

Ben Steinmetz Foundation largest financial gift ever to hospital and manor foundation

 


No one living through 2020 is likely to forget it. Covid-19, the corona virus pandemic changed the U.S. and the entire world. The disease brought much more work to the Kiowa District Hospital and about $1 million less patient revenue. However, because of all the federal grant money from Covid, KDH had a more profitable year in 2020 than they've had historically.

Auditor Matt Morris with BKD shared this financial information at the KDH Annual Meeting held at Kiowa's Community Building May 25. Although there was a lack of patient volume most of the year because of the corona virus, the PPP a...



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