Political memes ONLY.. To prove your political points.

TacoMac

TacoMac

Well-Known Member
1212ham said:
No, hospitals are going broke due to covid. Losses in the US will be in the Billions.

www.houstonchronicle.com

'Unprecedented financial pressure' facing Houston’s hospitals

With two orders from Gov. Abbott’s limiting elective procedures in March and June,...
www.houstonchronicle.com www.houstonchronicle.com
www.cnbc.com

U.S. hospitals are losing millions of dollars per day in the midst of the Covid-19 pandemic — and recovery may take years

Conservative estimates indicate that U.S. hospitals are losing more than a billion dollars per day by complying with the guidance from policymakers and the leading medical associations to preserve resources for Covid-19 patients.
www.cnbc.com www.cnbc.com
Click to expand...
That's right.

The problem is that insurance companies aren't paying off on many of the claims.

Hospitals also, contrary to popular belief, don't make their money on necessary hospitalization. They make most of their money from elective surgeries.

While this pandemic has been going on, they've lost the ability to do the elective surgeries they make money on and been forced into covid care they're hardly being paid for.

The big fear is that it's going to put many rural hospitals out of business and that's going to be a disaster.
 
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