12 U.S. Hospitals Closed During Pandemic

Lower patient volumes, canceled elective procedures among challenges to bottom lines


COVID-19 has taken a toll on every aspect of healthcare organizations seeking to tailor operations to the pandemic area. HVAC systems, public spaces and entryways have been revamped and upgraded, supply chains have been strengthened to provide needed PPE, and elective procedures have been curtailed, putting a crimp in revenues.

This last change might have had the largest impact on organizations looking to operate without the need for drastic measures. For some hospitals, though, these challenges were too much in an already difficult business environment.

Twelve hospitals in the United States have closed in the eight months since the World Health Organization declared COVID-19 a pandemic, according to Becker’s Hospital CFO Report.

Hospitals across the nation have experienced financial strain tied to the COVID-19 pandemic. Lower patient volumes, canceled elective procedures and higher expenses have created a cash crunch for hospitals, many of which were already operating on thin margins. U.S. hospitals are estimated to lose more than $323 billion this year, according to a report from the American Hospital Association.

Among the closures during the COVID-19 pandemic are: Northridge Medical Center, Commerce, Ga.; Southwest Georgia Regional Medical Center, Cuthbert; Shands Lake Shore Regional Medical Center, Lake City, Fla.; Cumberland River Hospital, Celina, Tenn.; Bluefield (W.Va.) Regional Medical Center; and First Texas Hospital Cy-Fair, Houston.

Click here to read the article.



November 19, 2020



Recent Posts

Designing Hospitals for Wellness

Thoughtfully designed spaces can transform the overall well-being of patients, staff and caregivers.


Baptist Health Announces New Cancer Care Center in Key West

The building will be two stories tall and span 4,300 square feet.


Waco Family Medicine Achieves Savings and Bold Design with Wood Selections

Case study: The healthcare facility incorporated over 25,000 square feet of wood and saved over $400,000.


Alleged Ransomware Administrator Extradited from South Korea

The Phobos ransomware has been used globally to target over 1,000 organizations, including healthcare.


Design Plans Unveiled for New Intermountain St. Vincent Regional Hospital

The new hospital will be a 14-floor, 737,000 square-foot facility in Billings, Montana.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.