Main Library See More- Visit ACOExhibitHall.com
As Hospitals Lose $50B Per Month, Home Health Providers Consider New Acquisition Opportunities

As Hospitals Lose $50B Per Month, Home Health Providers Consider New Acquisition Opportunities

June 28, 2020Andrew DonlanNo CommentsHome Health Care NewsHome Health,Medicare ACOs/MSSP

Across the U.S., hospital systems are bleeding money. The coronavirus is largely to blame, with most of the country suspending elective procedures and non-essential hospital services for the majority of spring.

The American Hospital Association (AHA), for example, estimates that COVID-19’s financial impact to hospitals and health systems over the four-month period from March 1 to June 30 will total $202.6 billion, with losses averaging over $50 billion per month.

In May, the chairman of the Department of Medicine at UC San Francisco, Dr. Bob Wachter, told CNBC that his hospitals were losing more than $5 million per day in April.

Full Article

Leave a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • FLASH INTERVIEW — CareAllies, March 2021
  • RECORDED WEBINAR: Preparing for Risk: Intersection of Compensation Design & Performance Improvement
  • FLASH INTERVIEW — InfoMC, February 2021
  • The digital divide becomes a new social determinant of health
  • Achieving Success in Medicare’s Highest-Risk ACO Program: One ACO’s Story
 
As Hospitals Lose $50B Per Month, Home Health Providers Consider New Acquisition Opportunities
  • MENU
    • Main Lobby
    • Vendor Halls
    • Our Team
    • Newsletter
    • Exhibit With Us
    • Testimonials
    • Board Room
    • Live Events
    • Library
    • Contact Us