Tag Archives: Hospitals

U.S. Hospitals Will Lose $323 Billion in 2020 – Before Accounting for Growing COVID Cases

U.S. health systems are projected to lose $ 323 billion in 2020 due to declining inpatient and outpatient volumes caused by the COVID-19 pandemic’s impact on the “normal” hospital business. Hospitals racked up over $ 200 bn in losses between March and June 2020. according to the American Hospital Association’s report, Hospitals and Health Systems… Read More »

Hospitals see fuzzy future for patient volume, predict an additional $120B in losses this year

Dive Brief: A June survey from the American Hospital Association paints a grim outlook for systems hoping to return to normal volumes anytime this year. The majority (67%) of respondents said they didn’t think they would achieve baseline volumes by the end of this year, while 30% reported the timeframe was “unknown” or that they “never” expected… Read More »

4 ways lean health care helps hospitals confront sepsis and other safety concerns

Patient safety is a top health care priority, but determining how to consistently ensure highest quality can be a complex process that doesn’t always provide a clear path toward action. Confronting safety concerns—and preventing patient harm, delays, and errors in care—can be even more challenging in larger organizations in which support from executives, clinical and… Read More »

HHS starts doling out $12B in CARES funds to 395 hospitals in COVID-19 hot spots

Dive Brief: HHS said Friday it will begin distributing funds from the Coronavirus Aid, Relief, and Economic Security Act for hospitals in COVID-19 hot spots as well as those in rural areas. The department is sending $ 12 billion across 395 hospitals that provided inpatient treatment to 100 or more COVID-19 patients through April 10.… Read More »

Medtechs adapt to new sales reality amid halt on elective surgeries, hospitals’ financial stress

One by one, medtech companies have warned investors that a temporary pause on elective procedures — the bread and butter for many device maker and hospital balance sheets alike — render best-laid 2020 forecasts obsolete. Earnings reports kick off next week — J&J, Abbott and Intuitive are all on deck — and based on pre-announced… Read More »