Harvard Medical School-affiliated physicians working at Beth Israel Deaconess Medical Center saw their bonuses and employer contributions for retirement plans reduced or eliminated as of the end of March, according to the Boston Globe.
Sen. Scott Jensen, R-Minn., a physician in Minnesota, was interviewed by "The Ingraham Angle" host Laura Ingraham on April 8 on Fox News and claimed hospitals get paid more if Medicare patients are listed as having COVID-19 and get three times as much money if they need a ventilator.
While local hospitals battle COVID-19 and the massive complications that came with it, the specter of financial ruin looms in the background. The cancellation of elective surgeries and a number of empty beds have taken their toll on the industry most engrossed in the crisis.
Several Georgia businesses can reopen Friday after Gov. Brian Kemp decided to loosen coronavirus restrictions — even as the state nears 900 deaths. While he extended Georgia’s state of emergency until May 13, which enforces "shelter in place" orders, Kemp also allowed for businesses such as bowling alleys, gyms, tattoo parlors, spas, nail salons and movie theaters to start operating.
Global stocks slumped Friday after a study into a potential coronavirus treatment was halted following inconclusive results. South Korea's Kospi Index fell 1.4% in afternoon trade, while Japan's Nikkei 225 slid 0.9%. China's Shanghai Composite was down about 1%. Hong Kong's Hang Seng Index dipped 0.4%.
Top executives at Denver Health Medical Center received significant bonuses this month for their performance in 2019, ranging from $50,000 up to $230,000, one week after frontline hospital workers were asked to voluntarily take leave without pay or reduce their hours as the hospital dealt with the financial downturn resulting from the coronavirus pandemic.