According To The Virginia Department Of Health, Ballad Health Is Providing A Public Advantage Under The Terms Of A Merger Approved By The State Along With The State Of Tennessee. This Statement Coincides With An Opinion Issued By Tennessee Health Officials In April. Ballad Was Formed In 2018 When Mountain State Health Alliance Merged With Wellmont Health System. Meanwhile, Ballad’S Patient Revenue Was Down During The Fourth Quarter Due Mostly To The Impacts Of The Covid-19 Pandemic. Net Revenues For The Past Year Totaled 139 Million Compared To Over 379 Million The Year Before. The Downturn Is Being Blamed On Deferral Of Elective Procedures For Several Months.
