The American Hospital Association (AHA), in a new report, projected a loss of $202.6 billion from COVID-19 expenses and lost revenue for US hospitals and health systems from Mar 1 to Jun 30—about $50 billion in losses each month. “The fight against this virus has created the greatest financial crisis in history for hospitals and health systems,” said AHA President and CEO Rick Pollack in a press release. “While we appreciate the support and resources from Congress and the Administration, many hospitals are still on the brink.” The report took into account the cost of COVID-19 treatments, as well as canceled services and increased personal protective equipment (PPE) costs. AHA did not include increases in drug or labor costs in their analysis.

 

 

Male doctor presses on screen digital tablet in the hospital

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