The Impact of COVID-19

As the COVID-19 pandemic has continued to spread, businesses across the country have suffered. With less incoming cash flow, many businesses have had to furlough employees in an attempt to stay afloat. This includes hospitals, clinics, and healthcare systems as well.

As of the end of April, there is a 14.7% unemployment rate in the country – a 10.3% jump from just one month prior. This equates to approximately 1.4 million jobs, according to the Bureau of Labor Statistics. This number continues to rise as the COVID-19 stay-at-home orders have yet to be lifted from all parts of the country.[1]

This spike in unemployment is the highest rate since the Great Depression. Dentists’ and physician’s offices were hit the hardest, as much of their work is elective. In fact, only 3% of dentists’ offices have managed to stay open to the general public. Dentists’ offices laid off 503,000 jobs in the month of April, and physician’s offices lost 243,000. [2]

But what about the health side of healthcare? What happens to the patients who would have visited the doctor for the flu, chest pains, a wound that requires stitches, or even appendicitis? The fear of contracting coronavirus has kept Medicare beneficiaries (the age group most likely to suffer the most devastatingly from COVID-19) from seeking medical care. “A recent survey of nine major U.S. hospitals showed visits for a common but serious kind of heart attack have fallen by nearly 40%. These declines were seen even in places without major coronavirus outbreaks.” [3]

So what does that mean? Many physicians believe the elder generation is suffering in silence in the safety of their own home rather than risking being exposed to COVID-19. The effects of coronavirus are not just in the number of cases nationally, or in the lost income, but also in the fear that keeps those who need treatment for sickness or injury from getting it.

Though parts of the country have begun to reintegrate into their community, the impact felt by COVID-19 will be lasting. And we at Fidelis Partners want to provide aid however we can. If you or a loved one work in the healthcare industry and have recently lost your jobs due to the pandemic, please don’t hesitate to reach out to us. We have hundreds of jobs all across the country in varying specialties and facility types, and we’d love to talk to you more about them.


[1] Bureau of Labor Statistics Data. (n.d.). Retrieved from https://data.bls.gov/timeseries/LNS14000000

[2] Bannow, T. (2020, May 8). Healthcare loses 1.4 million jobs in April as unemployment rate hits 14.7%. Retrieved from https://www.modernhealthcare.com/finance/healthcare-loses-14-million-jobs-april-unemployment-rate-hits-147

[3] Roberts, S. (2020, May 8). This Is the Future of the Pandemic. Retrieved from https://www.nytimes.com/2020/05/08/health/coronavirus-pandemic-curve-scenarios.html

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