Shaky U.S. Hospitals Risk Bankruptcy in Latest Covid Wave
- AHA predicts losses that top $300 billion by year-end
- Revenues are down while costs are rising for facilities
This article is for subscribers only.
A grim reality is setting in across the U.S. hospital sector: a surge in coronavirus infections is encroaching while most facilities are still recovering from the onset of the pandemic.
The growing number of cases is threatening the very survival of hospitals just when the country needs them most. Hundreds were already in shaky circumstances before the virus remade the world, and the impact of caring for Covid patients has put hundreds more in jeopardy.