More than 20% of U. S. physicians have experienced a furlough or pay cut as financial hits from the coronavirus strain COVID-19 batter the healthcare industry, a new analysis shows.
The large hospital operator HCA Healthcare is putting off capital projects, suspending its dividend and share repurchase program and pulling its 2020 financial forecast as the coronavirus strain COVID-19 hits operations.
U.S. nursing homes will be required to report cases of the Coronavirus strain COVID-19 directly to patients as well as their families, the Centers for Medicare & Medicaid Services said Monday.
Abbott Laboratories hopes to begin rolling out its rapid diagnostic test for the Coronavirus strain COVID-19 to the general population beyond “frontline healthcare workers” in May and into June.
UnitedHealth Group, which runs the health insurer UnitedHealthcare and the big provider of healthcare services Optum, reported profits from operations rose 3.4% to $5 billion in the first quarter.
Abbott Laboratories is launching a laboratory based blood test designed to detect antibodies to identify whether someone has had the Coronavirus strain COVID-19.
UnitedHealth Group’s Sir Andrew Witty will take a leave of absence running Optum to “co-lead a global effort of the World Health Organization” to develop a vaccine for the Coronavirus strain COVID-19.
Abbott Laboratories has shipped 566,000 of its highly touted “rapid” molecular tests for the Coronavirus strain COVID-19 to all 50 U.S. states in less than a month.
UnitedHealth Group’s first quarter earnings report this week could be an early barometer of the financial health of insurers as well as medical care providers amid a U.S. recession and the outbreak of the Coronavirus strain COVID-19.