USA posts record Covid 19 cases26 Jun 2020 13:09
This from investing.com just in. Interesting point "The loss of high-margin elective surgery is increasingly cropping up as a factor hitting hospitals’ financial performance."
2. Record infections halt reopening
The U.S. posted 37,000 new Covid-19 cases on Thursday, a new daily record, as the outbreaks in California, Texas, Florida and Arizona continued to spread.
Texas and Florida put the reopening of their economies on hold in response to the surge in new infections of Covid-19 over the last few days. However, neither state – the second and fourth-largest in the U.S. by population – has tightened restrictions on activity yet.
Texas healthcare CEOs played down reports of local hospitals, notably in Houston, reaching their maximum capacity for intensive care, saying that there are options available to increase it. Governor Greg Abbott mandated hospitals in Harris and three other counties to postpone elective surgery to free up resources. The loss of high-margin elective surgery is increasingly cropping up as a factor hitting hospitals’ financial performance.
Elsewhere, the Trump administration asked the Supreme Court to strike down the Obama-era Affordable Care Act.