The health care sector remains 500,000 jobs below its pre-pandemic peak. Many have left the labor market to tend for families, care for children or because of concern for their own safety. … READ MORE >
Health care
The changing landscape of pandemic relief for health care providers
The importance of the Public Health and Social Services Emergency Fund and the ability to keep it are critical to health care providers, whose margins have been helped enormously by the aid. … READ MORE >
CHART OF THE DAY: Venture capital investment in health tech on track for record year
North American investment in venture capital-backed health technology and digital health companies hit a record through the first 10 months of the year, outpacing all of 2019 with two months to go. … READ MORE >
CHART OF THE DAY: The race to find a coronavirus vaccine
Scientists have been working at a blistering pace to shorten the vaccine development cycle from years to months in order to get a COVID-19 vaccine to market. With more than 190 such vaccines in development, there are several leading the pack. Here’s the latest on these efforts, as of Oct. 15. … READ MORE >
CHART OF THE DAY: Technology investments in health care poised to surge
After years of pouring money into disruptive technologies in the financial services industry, venture capital firms are turning their attention to the health care ecosystem as the pandemic upends traditional ways of delivering health care. … READ MORE >
Managed care organizations weather the coronavirus storm
It’s no mystery that major parts of the health care sector took a significant hit to the bottom line this year as hospitals postponed elective procedures to make way for coronavirus patients. But one area of the health care sector — managed care organizations — has weathered the storm quite well. … READ MORE >
While other health care subsectors see job gains, nursing and residential care continues to lag
While the health care ecosystem is broadly returning to work, nursing care facilities remain an exception. In the immediate aftermath of the pandemic and state-wide prohibitions on non-emergent, or elective, procedures the health care ecosystem shed 2.27 million jobs in August, the first broad job loss in health care in decades. … READ MORE >
CHART OF THE DAY: Health care costs rise while tax revenue stagnates
As health care continues to represent a larger portion of U.S. gross domestic product, the federal government’s ability to finance that expenditure through tax revenues has relatively declined. Corporate taxes as a percent of GDP peaked at 2.6% in 2007. In the aftermath of the global financial crisis that proportion fell to 1% in 2009 and recovered to 1.9% in 2015. In 2018, the last year for which we have data, it was again at 2009’s level of 1%. … READ MORE >
As coronavirus spreads across the nation, aid to hospitals lags
As Congress debates a new round of stimulus measures to blunt the human and economic toll of the coronavirus, it has an opportunity to rethink the way it supports those who are working on the front lines of the pandemic: health care providers. … READ MORE >
Businesses already strained by COVID-19 should prepare for hurricane season
Forecasters predict a 70% chance that this hurricane season will be worse than normal. For businesses already stretched thin by the coronavirus pandemic, the grim forecast comes at a perilous time. Sectors such as insurance, real estate, hospitality and health care are particularly vulnerable. … READ MORE >