American Hospital Association June 30, 2020
An AHA report released today finds that the financial strain facing hospitals and health systems due to COVID-19 will continue through at least 2020, with total losses expected to be at least $323 billion in 2020.
The report estimates an additional minimum of $120.5 billion in financial losses, due in large part to lower patient volumes, from July 2020 through December 2020, or an average of $20.1 billion per month.
These estimates are in addition to the $202.6 billion in losses the AHA estimated between March 2020 and June 2020 in a report released last month.
Today’s report also says the projected losses still may underrepresent the full financial losses hospitals will face in 2020, as the analysis does not...