Bankruptcy Wave and or Closures of Hospitals Across the Country
June 29th, 2020Via: ZeroHedge:
The American Hospital Association (AHA) warns, in a new report, that “hospitals and health systems face catastrophic financial challenges in light of the COVID-19 pandemic.”
From soaring COVID-19 costs to canceled services to plunging hospital revenue to purchasing personal protective equipment to reimbursement landscape challenges to decreasing patient volumes, many of these factors have triggered a recent bankruptcy wave and or closures of hospitals across the country.
