Pandemic cuts quarterly revenue at Johns Hopkins All Children’s
February 16, 2021 - The Covid-19 pandemic had an impact on the finances of Johns Hopkins All Children's Hospital in the second quarter of fiscal year 2021. The 259-bed pediatric hospital posted $122.5 million in total operating revenue and other support for the three months ended Dec. 31, 2020, compared to $132.5 million in the same period in 2019. The St. Petersburg hospital had an operating loss of $5.1 million for the most recent quarter, compared to operating income of $2.2 million in the year-ago period. All Children's had decreased patient revenue due to lower volumes related to the pandemic, according to a regulatory filing by the Johns Hopkins Health System. Non-operating revenue helped bolster the bottom line during Q2 FY21. The hospital reported total income of $47 million, including unrealized gains on investments, in the just-ended quarter, compared to total income of just under $30 million in the year-ago quarter.