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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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"Catastrophic Financial Challenges" - 42 Hospitals Closed, Filed For Bankruptcy Due To COVID Pressures  zerohedge.com/markets/catast
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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.
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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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So much of the healthcare system is beholden and hamstrung by gov. They are afraid to say something different than the policy of alphabet agencies above them. Profitable services were suspended, yet they were paying many staff OT bc of Covid demand.
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