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Axios Re:Cap

Reopening America’s healthcare system

Axios Re:Cap

Axios

Daily News, News

4.5705 Ratings

🗓️ 19 May 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Hospitals have been at surge capacity to treat COVID-19 patients — but they’ve taken a hit due to the massive drop off in elective surgeries and procedures. Specialists’ offices have been hit especially hard. Dan is joined by Axios healthcare business reporter Bob Herman to discuss the challenges ahead as healthcare tries to rebound.  PLUS: Restaurants ask for more time and what Disney just lost to Tik Tok

Transcript

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0:00.0

Welcome to Daxis Pro Rata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics.

0:11.3

Sponsored by Bridge Bank. Be safe. Venture wisely. I'm Dan Premack. On today's show, restaurants ask for more time and what Disney just lost to TikTok.

0:19.5

But first, reopening America's healthcare system.

0:22.6

So, okay, I get that title might be a little bit confusing,

0:25.6

given that we have spent the past two months talking about hospitals being at surge capacity

0:29.6

and parking lots becoming makeshift testing facilities.

0:32.6

But overall, American healthcare service rates have fallen through the floor,

0:36.6

or maybe even

0:38.0

through the foundation.

0:39.0

Remember, lots of hospitals stopped all elective procedures in order to preserve bed space

0:43.8

for COVID-19 patients, which led to massive drops in things like joint replacement surgeries.

0:49.0

And lots of other medical facilities, like clinics and specialty practices, have either

0:53.2

closed or severely limited their

0:55.4

offerings, including in such areas as pediatrics, ophthalmology, and dermatology. And none of that even

1:01.2

includes all the paused clinical trials for non-COVID drugs, many of which require regular

1:06.6

patient visits and monitoring. Why it matters for patients, of course, is that they haven't gotten

1:10.4

treatment, which could lead to increased troubles and costs down the road. Why it matters for patients, of course, is that they haven't gotten treatment, which

1:11.2

could lead to increased troubles and costs down the road.

1:14.2

Why it matters for health care as a whole is that elective procedures are what greases

1:17.9

its wheels, which is why we have had this bizarre dichotomy of overworked frontline workers

1:22.8

on one hand and scores of laid off health care workers on the other.

1:26.6

More specifically, the most recent

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