U.S. Hospitals Will Lose $323 Billion in 2020 – Before Accounting for Growing COVID Cases
Health Populi
JULY 1, 2020
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. What’s the worth of $323 billion? Wage and labor costs.
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