Hospitals to feel hurricane effect on credit, operating performance

Moody's says lost patient volume, deferred elective procedures and the relocation of residents are all contributing factors


Moody's says hurricane-related lost patient volume, deferred elective procedures and the relocation of residents will hit healthcare facilities after storms clear, according to an article on the Healthcare Finance website.

Recovery costs from Harvey are expected to negatively impact operating performance for the Houston area's not-for-profit hospitals in 2018.

Patient volume losses may be significant, especially for outpatient and elective services. Outpatient facilities are also more prone to flooding.

The financial impact of lost patient volume on all hospitals in the region could linger for many months or even years, depending on the extent of damage and the possibility that people temporarily or permanently relocate from affected areas, Moody's said.

Read the article.

 

 



September 12, 2017


Topic Area: Industry News


Recent Posts

Cleanliness Is a Measurable Outcome

By restoring the distinction between cleaning and cleanliness, managers and staffs can better protect patients from environmental pathogens.


Workplace Safety and the Role of Access Control

Workplace violence and other issues threaten patients, staff and operations, so managers need to rethink security measures and technology.


Henry Ford Hospital Celebrates Construction Milestone for Expansion Project

Crews from BTD, a joint venture created by Barton Malow, Turner Construction and Dixon Construction, are on track to complete the hospital in 2029.


How EVS Leaders Can Support Staff for Better Cleaning

Environmental services is one of the most important departments in healthcare facilities, but it can be a difficult one to manage.


Addressing Infection Prevention Staffing Gaps in Ambulatory and Procedural Care

Traditional models that are based on inpatient bed counts fail to account for the unique demands of ambulatory and procedural settings.


 
 


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.