Long Island healthcare executives say systems face losses of $1B or more

New York State health care systems collectively expect losses of more than $1 billion during the height of the COVID-19 pandemic, hospital executives said this week. The losses at the not-for-profit health systems are coming from hiring extra staff to treat patients, paying higher prices for hard-to-find personal protective equipment and lost revenue due to the regional ban on elective surgeries, health care officials said.