Furloughs, layoffs likely at Philly-area hospitals as virus leads to financial blow

Philadelphia-area hospitals may soon be forced to furlough hundreds of staff and drastically cut services due to the financial blow from COVID-19. “Hospitals across the country have been hammered by COVID-19,” said Michael Abrams, a Philadelphia native who is a managing partner of Numerof & Associates in St. Louis, Missouri. “In particular, the loss of revenue that is attributable to canceled and deferred services. And that’s all of a sudden missing.”