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08-14-2020, 01:04 PM #1
- Join Date
- Mar 2015
- Location
- Boynton Beach
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- 3,485
A LOT more could have been done with nursing homes everywhere..... The whole industry was problematic way before COVID even started.
Hospitals are actually losing money because of COVID. Yes, the Fed is paying the cost of treating COVID, but they are not paying the cost of where hospitals make their money.....operating rooms. The margins for treating patients in the ER and floors is not where they make money......it's the OR. Since elective surgeries were halted, a hospital here in Florida is losing $20Mil a month. The drain on the hospitals is staffing low margin areas to deal with COVID meanwhile what makes hospitals money is closed.Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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08-14-2020, 01:13 PM #2
- Join Date
- Jun 2015
- Posts
- 754
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08-14-2020, 01:18 PM #3
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,485
Correct! It's the demographic of the 100,000 that drive the death result though..... 100,000 case of younger people yields less death. 100,000 cases of older or vulnerable people yields more death. The key is stopping or curtailing the 100,000. 100,000 = SPREAD. SPREAD = death rate depending on demographic.
Kevin Henry
VP-Business Development
Seacoast Business Funding, a division of Seacoast Bank
561-850-9346
Kevin.Henry@SeacoastBF.com
1880 N Congress Ave., Suite 404
Boynton Beach, FL 33426
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