Author Topic: First Prediction  (Read 1661 times)

Offline KenyanPlato

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First Prediction
« on: April 11, 2020, 04:48:50 AM »
after 18 months, healthcare wages will drop like a stone.

Corona Virus has potential to eleminate 20% of people requiring regular use of healthcare services

It has potential to wipe out 10 percent of nursing home population. You need an occupancy rate above 90% to make a nursing home profitable

So it means that the pruning of people with underlying conditions may end up causing a lot of bankruptcies in the healthcare industry

I expect most urban and rural hospitals to shutdown due to cash flow problems

https://www.nbcnews.com/news/us-news/more-2-200-coronavirus-deaths-nursing-homes-federal-government-isn-n1181026

Offline Georgesoros

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Re: First Prediction
« Reply #1 on: April 12, 2020, 07:15:52 PM »
The whole industry might collapse. Its not meant to handle Corona like pandemic. Premiums will skyrocket causing many to go uninsured. Hospitals in rural aras will go bankrupt. Current law that requires hospitals to treat uninsured will be struck down by Clarence Thomas, leaving many to die on the streets. The ramifications are unimaginable.

Offline KenyanPlato

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Re: First Prediction
« Reply #2 on: April 13, 2020, 07:07:00 AM »
already happening. I was talking to someone in medical billing and they told me they been laid off. This is going to be nasty

https://www.msn.com/en-us/news/us/health-care-workers-fear-losing-their-jobs-during-coronavirus-pandemic/ar-BB12vHsv?ocid=spartandhp