While contending with plummeting revenue, US hospitals' expenses remained high in April — total expense per adjusted discharge rose nearly 60% from the prior year period — revealing the financial toll the novel coronavirus is taking on hospitals.
The pandemic has hit US hospitals hard — and while federal intervention has helped cushion the financial blow, health systems still face a long road ahead. The American Hospital Association estimates that the pandemic is draining US hospitals of per month, due to the costs associated with treating coronavirus patients and the substantial number of cancelled elective procedures. through the CARES Act to cover some expenses and help recoup lost revenue associated with pressing pause on nonurgent procedures, these funds simply aren't enough.
We think digital health solutions such as telemedicine and AI-powered analytics tools can help US hospitals retain patients and bolster their bottom lines — here's how: Telemedicine can help provider organizations extend the reach of their clinicians by enabling them to connect with patients virtually.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Which system?🤣🤣
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the Boeing Business Jet 787 Dreamliner's most luxurious designs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1929 much? GTFOOH
Source: BusinessInsider - 🏆 729. / 51 Read more »
5 stats show financial devastation of coronavirus for average Americans - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Yet the stock market continues to act like nothing happened
Source: BusinessInsider - 🏆 729. / 51 Read more »
The coronavirus is killing more young people: Washington Post report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That’s really sad that people are ignoring the warnings & risking their lives. More sensationalism. Yawn... Can you focus on some TermLimits are you fighting against implementing TermLimits Please help support Online learning for our kids, young adults and teachers👩💻❤👨💻OpenLearning is the only online learning platform that works properly and is the only online learning platform in the world that is interactive. Your support is valuable👩💻❤👨💻ASX STOCK:$OLL
Source: BusinessInsider - 🏆 729. / 51 Read more »
BANK OF AMERICA: These 5 trends emerged from companies' first-quarter earnings reports - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Bank of America.. they will fee you to death.. and then give you a fee for dying
Source: BusinessInsider - 🏆 729. / 51 Read more »
Andy Warhol's former Montauk estate 'Eothen' quietly for sale: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Love Old Montauk, was there last summer. Really neat place.
Source: BusinessInsider - 🏆 729. / 51 Read more »