Ballad Health Is Reporting A $40 Million Deficit For The Year That Ended June 30th. The Numbers Weren’t Helped By A $22 Million Loss In The Fourth Quarter. CEO Alan Levine Blamed Most Of The Losses On Higher Staff Salaries And An End To Government Relief Payments As A Result Of The Covid-19 Pandemic. Ballad Plans To Address The Loses By Trimming Down Contract Labor As It Continues To Hire More Nurses.