As of September 2021, it was estimated that hospitals in the United States would lose around 54 billion U.S. dollars in net profits in 2021 even with economic relief through the CARES Act. If there was no governmental help, hospital losses could have reached up to 92 billion U.S. dollars. This statistic shows the estimated net income loss to U.S. hospitals in 2021 due to the COVID-19 pandemic with and without the CARES Act.
Estimated net income loss to U.S. hospitals in 2021 due to COVID-19, with and without the CARES Act
(in billion U.S. dollars)
Characteristic
Annualized income loss from pre-pandemic levels in billion U.S. dollars
CARES Act: Coronavirus Aid, Relief, and Economic Security Act. The CARES Act is an economic stimulus bill of 2.2 trillion U.S. dollars in response to the economic impact of the COVID-19 pandemic.
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KaufmanHall. (September 1, 2021). Estimated net income loss to U.S. hospitals in 2021 due to COVID-19, with and without the CARES Act (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1314513/hospital-net-income-loss-covid-cares-us/
KaufmanHall. "Estimated net income loss to U.S. hospitals in 2021 due to COVID-19, with and without the CARES Act (in billion U.S. dollars)." Chart. September 1, 2021. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1314513/hospital-net-income-loss-covid-cares-us/
KaufmanHall. (2021). Estimated net income loss to U.S. hospitals in 2021 due to COVID-19, with and without the CARES Act (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1314513/hospital-net-income-loss-covid-cares-us/
KaufmanHall. "Estimated Net Income Loss to U.S. Hospitals in 2021 Due to Covid-19, with and without The Cares Act (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Sep 2021, https://www.statista.com/statistics/1314513/hospital-net-income-loss-covid-cares-us/
KaufmanHall, Estimated net income loss to U.S. hospitals in 2021 due to COVID-19, with and without the CARES Act (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1314513/hospital-net-income-loss-covid-cares-us/ (last visited October 02, 2024)
Estimated net income loss to U.S. hospitals in 2021 due to COVID-19, with and without the CARES Act (in billion U.S. dollars) [Graph], KaufmanHall, September 1, 2021. [Online]. Available: https://www.statista.com/statistics/1314513/hospital-net-income-loss-covid-cares-us/
