Fierce Healthcare June 30, 2020
Hospitals and health systems could lose $120.5 billion from July to December of this year, or roughly $20 billion a month, due to the COVID-19 pandemic, a new analysis from the American Hospital Association (AHA) found.
The report released Tuesday said that coupled with major revenue losses at the onset of the pandemic, hospitals could lose a total of $323 billion in revenue this year. The report comes as hospitals are inching towards reopening elective procedures amid spikes in COVID-19 in several sunbelt states.
AHA surveyed its member hospitals to get a sense of how the pandemic is affecting patient volume, which has plummeted since the pandemic began in March. Hospitals and health systems are reporting an average decline of...
Today's Sponsors
Today's Sponsor