Sending Hospitals Into Bankruptcy – WSJ

Public-health officials have directed Americans to stay home to slow the coronavirus spread and ease the burden on health-care providers. Most areas of the country are succeeding—so much so that hospitals and physicians are hemorrhaging cash due to declining demand for care.

The Centers for Disease Control and Prevention last month recommended that health-care providers postpone “elective” procedures to free up capacity and conserve protective equipment for treating coronavirus patients. Governors have likewise ordered providers…

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