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:
US Healthcare. Top heavy, Bottom Lite.
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.
A Goldman Sachs cryptocurrency report angered true fans | Currency News | Financial and Business News | Markets InsiderOn Wednesday, Goldman Sachs released a report that outlined five reasons that cryptocurrency is not an asset class or a suitable investment. Th... BREAKING: Analyst from “the man” angers people who are mad at “the man” 🤷♂️
Source: BusinessInsider - 🏆 729. / 51 Read more »
US billionaires add $485 billion to net worth during pandemic: 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. Most efficient way to fund basic income healthcare through taxes directly on stock market not income tax that can be avoided but kn the trading of shares 50 million shares trade everyday at average of $30 per models show 7% as an optimal amount los billonarios y multimillonarios seguiran siendolo, lamentablemente los que están en el limite de la pobreza también y los que estabamos saliendo del limbo nos dieron un gran empujon hacia abajo...para que? no lograron nada los que nos vamos a infectar lo haremos ahora o luego Thanks for the reminder.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Instagram to share ad revenue with influencers - Business Insider - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Singapore's financial centre will emerge as big winner of a draconian Chinese law - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
3 things people forget to save money for, from a financial planner - 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. Great article hear. I really agree. That is why I recommend setting SMART savings goals for retirement, new cars, investment properties, etc. And he's forgetting his dog could have Covid-19!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Congress is repeating a critical mistake of the 2008 financial crisis - 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. It is not the stimulus but the trajectory of Established policies. Power is concentrated in a few hands deciding the fate of 90%. Democracy has been neutered
Source: BusinessInsider - 🏆 729. / 51 Read more »