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Something is seriously messed up if you need to shut down your business at all-time-high demand. Is it the inability to charge market rates, the inability to collect payment, or the inability to discontinue unprofitable services which block profitable services?

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zerohedge

@zerohedge

· Jun 23, 2020

"Catastrophic Financial Challenges" - 42 Hospitals Closed, Filed For Bankruptcy Due To COVID Pressures zerohedge.com/markets/catast

8:18 PM · Jun 23, 2020Twitter Web App

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Demand is a hoax is the crux

Ari Paul

@AriDavidPaul

Jun 23, 2020

Yea, Alex Jones said he saw Fauci planting the 100k bodies in morgues.

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next up, hospital bailouts

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Jesse there is no demand that's the problem the demand is be told not to come In unless you have the virus.

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Jesse Powell

@jespow

Jun 23, 2020

Makes complete sense. I had to go to a small, private specialist to get my neck surgery done. I was told it would be months before I could get it through the usual provider/hospital. They were content to load me up on pain killers indefinitely rather than give me the surgery.

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Our health system is so comically messed up. Elective surgeries are usually hospital profit centers, and those have been getting postponed en masse since patients don’t want to clog hospitals or risk exposure to covid for a face lift.

Adam Nash

@adamnash

Jun 23, 2020

It’s not just face lifts. Hip replacements, shoulder surgery, knees, etc are all considered “elective” Hospitals are not actually running anywhere close to “full demand,” either in volume or dollar-weighted.

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Most hospitals have been nearly empty since the end of March. Bad for the hospitals bottom line and bad for those who have had to postpone procedures.