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The hospitals losing money part is complicated because most of them are losing money because of lost elective procedures. In many hospitals, especially private
by 0d9eooo 6y ago
The hospitals losing money part is complicated because most of them are losing money because of lost elective procedures. In many hospitals, especially private ones, those elective procedures are the main source of profit and underwrite the acute/ICU cases. So you could have a hospital that's at occupancy with intensive/acute care cases, and still losing a ton of money if electives are being canceled either to quarantine orders, or due to patients canceling them out of fear.
There's also essentially a U-shaped curve between intensive care occupancy and profitability. As ICU/acute care cases decrease below some point, profits decrease, and as they increase they increase, but at some point the cases become overwhelming and the hospital loses money again.
Beds are not all equal when it comes to profit/financial solvency at hospitals.