Hawaii health system details financial challenges as a result of COVID-19; need for more federal support
The Queen’s Health Systems in Honolulu, Hawaii, shared how COVID-19 has caused significant financial challenges for the organization and why Congress needs to provide additional support to hospitals and health systems. “Projected losses are about $60 million for 2021,” says Jason Chang, president of The Queen’s Medical Center and chief operating officer of The Queen’s Health Systems and The Queen’s Medical Center. However, he says a worst-case scenario is a $300 million loss if a second COVID-19 wave occurs like what is happening in some areas of the country. Additional support from Congress is necessary so the health system can continue to meet the medical needs of its community. Read more.
Related News Articles
Headline
Adults age 65 and older are encouraged to receive an updated dosage of the COVID-19 vaccine, the Centers for Disease Control and Prevention announced April 25…
Headline
The Pfizer and Moderna COVID-19 vaccines can cause myocarditis, but do not appear to cause infertility, Guillain-Barré syndrome, Bell’s palsy, thrombosis with…
Headline
The Food and Drug Administration recently granted emergency use authorization for the first over-the-counter home antigen test to detect both flu and COVID-19…
Headline
Centers for Disease Control and Prevention Director Mandy Cohen, M.D., Feb. 28 endorsed a recommendation by its Advisory Committee on Immunization Practices…
Headline
Paxlovid may no longer be distributed with an emergency use label after March 8, the Food and Drug Administration announced. Providers may dispense unexpired…
Headline
A CDC study released Dec. 21 found low COVID-19 and flu vaccination coverage for most adults, and low RSV vaccination coverage for adults aged 60 and…