Nearly all of the losses transpired in the final two weeks of March, putting its first-quarter revenue $184 million below budget, said Steven Glass, the Clinic's CFO, citing the shutdown of nonessential services to prepare for the ramping up of COVID-19 cases.
An assistant director at a Chicago nursing home and long-term care facility alleges in a whistleblower lawsuit that she was fired in retaliation for objecting to, reporting and refusing directives to participate in unsafe and unlawful conduct.
The Chicago-based owner of senior housing and healthcare properties said in a regulatory filing the cuts represent 25% of its "corporate positions," not including on-site field personnel, and come in response to the pandemic's impact on its operations.
Producers looking to meet “unprecedented” demand were told they could sell tests as long as they validated them internally and filed for FDA emergency use authorization within 15 days. Shortly after came complaints of scams and unreliable tests.
Conferences and other live events are one of the largest sources of revenue for many healthcare associations. COVID-19 has forced them to host such events virtually, which slashes the amounts they can charge attendees and exhibitors.
Preliminary results of a study commissioned by New Mexico's Democrat-led Legislature in 2019 says the state's uninsured rate would likely fall below 1% and that the use of healthcare services would likely increase as the vast majority of residents turn to public insurance.
In the wake of COVID-19, Modern Healthcare moved its annual Transformation Summit online. The five-part webinar series brought together healthcare and technology leaders to discuss topics like innovation in times of emergency, patient-centered care and mental health.