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Are U.S. hospitals still 'recession-proof?'

from New England Journal of Medicine

Are U.S. hospitals still 'recession-proof?' New England Journal of Medicine The U.S. health care industry has often been referred to as “recession-proof.” Historically, this characterization has held true. During the Great Recession, the numbers of health care jobs and national expenditures rose consistently, despite substantial cuts in other sectors. But the current economic crisis brought on by COVID-19 is clearly different: 1.4 million health care jobs were lost in April alone. READ MORE

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