U.S. hospitals, according to the American Hospital Association, lost $323 billion in 2020 revenue, primarily due to the elective and non-emergency procedures that were canceled last year so that COVID-19 patients could be given priority. The association estimates that 2021 will see losses between $53 billion and $122 billion.
“That’s enormously hurting the bottom line [for] all these [healthcare] facilities,” said Walter Marin of Marin Architects, “and so that has limited the capital projects that the hospitals are doing.”