Pandemic’s Financial Impact Takes Human Toll

More than 260 hospitals and health systems furloughed workers in last year

By By Dan Hounsell


The COVID-19 pandemic has changed nearly every aspect of healthcare facilities, from the physical layout of buildings to the activities that take place inside them. And beyond the staggering human toll the illness has wrought, it is having another kind of human impact.

The resulting financial problems are forcing hundreds of hospitals across the nation to furlough, lay off or reduce pay for workers, and others have had to scale back services or close, according to Becker’s Hospital Review. Lower patient volume, canceled elective procedures and higher expenses tied to the pandemic have created a cash crunch, and hospitals are taking steps to offset financial damage. Executives, clinicians and other staff are taking pay cuts, capital projects are being put on hold, and some employees are losing their jobs. More than 260 hospitals and health systems furloughed workers in the last year, and dozens of others have implemented layoffs.



March 15, 2021


Topic Area: Facility Operations


Recent Posts

Dirty Floors: How Pathogens Can Accumulate and Spread Underfoot

Studies show that healthcare floors are covered in bacteria and can quickly spread throughout patient rooms. 


WellSpan Health Opens Its Newberry Hospital in Pennsylvania

This marks the opening of its 10th hospital in the region spanning Central Pennsylvania and Northern Maryland.


Cahaba Center for Mental Health Ensnared in Data Breach

On March 28, 2025, Cahaba identified suspicious activity in an employee email account.


Reframing the Construction Manager as a Community Manager

Managers must work with patients, community residents and other interested parties to ensure a smooth, successful construction projects


Health First Celebrates 'Topping Off' Ceremony for New Cape Canaveral Hospital Campus

Construction is slated to finish by the end of 2026 or early 2027.


 
 


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.