Tag Archives: hospital

Novartis partners with Civica Rx to ease hospital shortages for 6 high-demand generic injectables

The COVID-19 pandemic and its drain on key drugs used in acute care has put an enormous strain on hospitals in desperate need of medicines for their patients. In a move to shore up chronic shortages of needed meds, Novartis and nonprofit Civica Rx are teaming up to get ahead of shifting demand. Novartis’ Sandoz… Read More »

Hospital costs to treat uninsured COVID-19 patients could top $40B

Dive Brief: The Trump administration’s plan to use the $ 100 billion in emergency COVID-19 funding approved March 27 to pay hospitals for treating the uninsured could take up as much as 40% of that funding, according to an analysis released Tuesday by the Kaiser Family Foundation. Treating the uninsured for symptoms of the disease… Read More »

Ratings agencies issue foreboding reports on hospital finances as AHA seeks $100B to respond to COVID-19

Dive Brief: Most U.S. hospitals typically operate on thin margins, but the COVID-19 outbreak may be pushing them closer to a financial precipice, according to a new report from Moody’s Investors Service. Fitch Ratings said in a separate report that smaller facilities with relatively low liquidity are most threatened. “While the healthcare sector has responded… Read More »