Lexology November 10, 2020
G force is used to describe the acceleration of an object relative to gravity. The Wright brothers understood that the lift of the airplane had to be greater than the force of gravity. In much the same way, the pull of gravity that healthcare providers are facing today is COVID-19.
Although there are exceptions to every rule, the current public health emergency has been marked by sharp declines in patient care volume and, in turn, patient care revenue. Whereas recent data show a recovery in the works, as is often the case with economic performance and rollercoasters, the healthcare sector’s financial fortunes will undoubtedly rebound much more slowly than they fell.
In light of the above, providers that have lost...
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