As the novel coronavirus leaves a path of human devastation in its wake, the financial future of some of the nation's largest health care systems is also now in jeopardy.
House Speaker Nancy Pelosi on Thursday signed a multi-billion relief package to help small business, hospitals and boost coronavirus testing.leaves a path of human devastation in its wake, the financial future of some of the nation's largest health care systems is also now in jeopardy -- leading many of these institutions to let go of health care workers at a time when patients need them most.
Tune into ABC at 1 p.m. ET and ABC News Live at 4 p.m. ET every weekday for special coverage of the novel coronavirus with the full ABC News team, including the latest news, context and analysis.workers being laid off and furloughed," said Dr. Jay Bhatt, an internist in Chicago and ABC News Contributor.
The House approved another relief bill Thursday that includes an additional $75 billion for hospitals. HAP is a non-profit membership services organization that represents over 240 member hospitals. The organization said the financial trouble is “a result of the cancellation and delay of all non-emergent procedures and precipitous declines in patient volume resulting from forgoing care.” ABC Newsmedical professionals are concerned people with serious non-coronavirus conditions may be staying home rather than going to the hospital for fear of contracting the virus.
Meanwhile, two of Michigan's largest health systems, Beaumont Health and Henry Ford Health System also announced this month they are laying off thousands of employees. Wright L. Lassiter III, president and CEO of Henry Ford, described these layoffs as “painful” but necessary realities.
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