It's hard to imagine any other sector more impacted by the COVID-19 pandemic than the health care industry. Hospitals, clinics and other care facilities had to embrace new ways to meet the health and safety needs of patients and employees during the past 16 months. At the same time, two-thirds of health care business owners faced negative impacts to their total cost of operations and total revenue due to the coronavirus crisis, according to findings from Nationwide's New Agent Authority Research.
"From senior living and assisted living facilities to emergency shelters and addiction treatment centers, health care organizations face unique and vast insurance, operational and regulatory challenges," Cheryl Tamasitis, regional vice president of specialty care at Nationwide, said in a statement.
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Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
