Minnesota Budget & Economy Impacted by Pandemic

KIMT News 3's Isabella Basco shows us how allowing elective procedures to resume could be good news for the economy

And providers to participate./// two big announcement s from governor tim walz today... the pandemic is projected to cause a ?

Billion dollar swing in minnesota's budget... in the wrong direction.

And a new executive order puts elective surgeries back on the table starting next week.

Kimt news three's isabella basco joins us live with a look at what this means for the economy?

Isabella?

Xxx elective care and procedures are a big source of revenue for hospitals.

Mayo clinic has been struggling since those appointments had to be postponed... cutting salaries and furloughing thousands of employees.

Getting that cash flow back means more money for employees?

Who will likely spend it in their communities.

It's a domino effect for the better.

Xxx "when there was an announcement that there was going to be another projection, there had to be something serious."

Economics expert rayce hardy confirms what we've already suspected: covi?19 is not looking good for the state of minnesota.

"this is a drastic spike, there's nothing in my life has been this drastic, you have to go back to the great depression to get a spike this slow."

Dr. amy williams... a dean with the mayo clinic practice... says the healthcare giant is ready to return to business.

"getting back on track will be a big help for mayo, we'll be able to close that gap that we have now as far as revenue and that will help us serve others, that will help us bring our staff back."

Hardy says offering elective surgeries again will help the state.

"it's a domino effect that i think will have a very positive impact?

Healthcare's a big thing in minnesota."

But he also acknowledges the state has a tough road ahead.

"if the numbers mayo clinic tells me they are prepared to handle elective surgeries during this pandemic.

They can model the activity of the virus per county in any state and model resources like beds... staff and personal protective equipment to treat covid patients.

Live in rochester?

Isabella basco?

Kimt news 3./// thank you isabella.

Doctor williams says some patients have been waiting since february for