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Highlights from KFSK s on-going COVID-19 program
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When a call goes out to help the most critically ill COVID-19 patients, a small team from Legacy Emanuel Medical Center goes into action
Updated Feb 02, 2021;
It begins when an intensive care unit doctor making rounds in a hospital somewhere in the Pacific Northwest stops at the bedside of a COVID-19 patient.
The chart, in clinical language, details case history and foreshadows the eventual outcome. Added oxygen has not reversed the illness’s course. Nor have the anti-viral medications, the respirator or the ventilator. Even the best medical care has its limits.
There is, however, one more chance.
The doctor steps away and uses the phone, reaching an operator at One Call on the third-floor of what those who work at Northeast Portland’s Legacy Emanuel Medical Center have named “the old hospital.”
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6.
Here s a few reasons why.
There s hundreds of billions of capital floating around out there, looking for a home. Workers comp insurance has been a) quite profitable and b) is a great place to park dollars.
Claim counts continue to decline – while COVID is accelerating the decline, the structural drop is embedded in the business and is here for the long term. Next year there will be fewer claims, and the following year even fewer.
Medical inflation remains pretty low (while there are troubling indicators that costs will bump up, overall trend remains low historically)
There are lots of insurers fighting for a shrinking market, and it only takes a couple cutting prices to force others to join in.