Strome Business Minute With Dr. Jeff Tanner

Major healthcare systems across the country, including Virginia’s Bon Secours and Sentara, have announced resumption of elective surgeries. Some that classified as elective under the ban that expired last night at midnight include such things as knee and hip replacements, medical necessities but not life-saving. The resumption of these surgeries is critical to the financial health of hospitals, which are as empty as a mall except for COVID patients. In fact, non-COVID healthcare services are down as much as seventy percent, according to Virginia Business. Hospitals have furloughed staff, which may slow the re-start as they re-assemble staff. Also slowing the restart will be the need for new tests and imaging studies in order to document the progress of a condition. But at least it’s one area of our economy that’s restarting. To learn more, visit odu.edu/business. This Strome Business Minute is presented by the Strome College of Business at Old Dominion University.