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

How Retail Design Can Improve the Healthcare Patient Experience

Healthcare facilities can adapt retail design principles to improve patient comfort, streamline check-in and reuse existing spaces.


Jefferson Health Breaks Ground on Lehigh Valley Hospital—Coopersburg

It is expected to open in late 2027.


Encompass Health Plans Second Small-Format Rehabilitation Hospital

The hospital is expected to open in 2028.


Rethinking How Healthcare Facilities Fund Construction Projects

Rising costs and competing priorities are driving healthcare organizations to explore new financing arrangements and construction strategies.


Winners Named for the 15th Annual Healthcare Design Awards

All winners will be honored and the Best of Competition and Transformation and Innovation Award recipients will be announced during a celebration on November 12.


 
 


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.