Hospitals Face Financial Challenges Due to COVID-19 The Queen’s Health Systems and The Queen’s Medical Center

Hospitals Face Financial Challenges Due to COVID-19 The Queen’s Health Systems and The Queen’s Medical Center, Honolulu, Hawaii

The Queen’s Health Systems shared how COVID-19 has caused significant financial challenges for the organization and why Congress needs to provide additional support to hospitals and health systems. “Projected losses are about $60 million for 2021,” says Jason Chang, president of The Queen’s Medical Center and chief operating officer of The Queen’s Health Systems and The Queen’s Medical Center. However, he says a worst-case scenario is a $300 million loss if a second COVID-19 wave occurs like what is happening in some areas of the country. Additional support from Congress is necessary so the health system can continue to meet the medical needs of its community. Read more

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