1/ #COVIDー19 is devastating hospitals and employees nationally. But not for the reason you think. They are empty - prepared for a surge that has not come - and burning cash. An executive reports his group’s stronger hospitals have “months” of cash; the weaker ones have “weeks.”

2/ Right now they have gotten a big advance payment from Medicare, so they can keep the lights on, but they don’t know what will happen if things don’t go back to normal fast. Plus patients with MIs and other serious conditions are afraid to show up in ERs - dangerous for them.