Executive Briefings | September 17, 2020
What’s A Hospital Board Member To Do?
Throughout this pandemic crisis, hospitals have been in a difficult situation. They were charged with caring for COVID-related emergencies—and required to discontinue "non-emergency" services. The result has been substantial financial losses. A report released by the American Hospital Association predicted total losses of greater than $323 billion in 2020—largely because of lower patient volumes—with the caveat that losses may be exponentially greater if there are new surges (see <a href="https://www.aha.org/issue-brief/2020-06-30-new-aha-report-finds-losses-deepen-hospitals-and-health-systems-due-covid-19#:~:text=The%20COVID . . .