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

Healthcare and Resilience: A Pledge for Change

Climate resilience and reducing environmental impact drive voluntary program targeting hospitals.


Texas Health Resources Announces New Hospital for North McKinney

Expected to open in 2028, the hospital will feature 60 beds initially with plans to double in capacity to accommodate for future community growth.


Cedar Point Health Falls Victim to Data Breach

Cedar Point Health has no evidence directly linking this incident to specific incidents of financial fraud or identity theft.


Fire Protection in Healthcare: Why Active and Passive Systems Must Work as One

Sprinklers, smoke compartments and firestopping can form an interdependent safety strategy.


Cleveland Clinic Hits Key Milestones for Palm Beach County Expansion

These include plans to begin demolition of current structure and hospital site preparation in 2026 and open the outpatient center and ambulatory surgery center in 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.