Health care providers hemorrhaging money

Hospital Bed
Photo credit Getty Image

Buffalo, N.Y. (Investigative Post) - Western New York’s hospitals were in dire financial shape coming into 2020. The COVID-19 pandemic  — with the attendant costs in equipment, staffing and, perhaps most damagingly, lost revenue — is going to compound their problems. 

“It’s going to be ugly,” Kaleida spokesman Michael Hughes told Investigative Post in an email.

It’s not just hospitals that will feel the pain, either. Primary care practices, clinics and other medical service providers, their business greatly diminished by the shutdown, all are facing pay cuts, layoffs and even closure.