Healthcare Activity in Pandemic - Q3 Update
Posted On: November 17, 2020 by Mike Mallaro in: Healthcare, Opinions, Social commentary, VGM
I continue to watch the pandemic’s meaningful impact on the healthcare business and consumption of healthcare. With third quarter data now reported, we can assess the trends and what the next few months may hold:
The initial heat of the pandemic was mid-March through mid-May. In the second quarter of 2020 (April-June) there was a reduction in non-emergent and elective healthcare services. Largely this was considered a deferral of services but in reality a portion of...
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More updates on Healthcare during the Pandemic
Posted On: September 8, 2020 by Mike Mallaro in: Healthcare, VGM
The business of healthcare continues to face serious headwinds as a result of the pandemic. A few newsworthy developments:
A recent Kaufman Hall analysis found hospital and health system operating margins were down 96% in 2020 (through July) as compared to same period of 2019. A meaningful amount of that decline was offset by government intervention and financial support. But even after all stimulus and support aid from the government, hospitals and...
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