| As America’s health care providers continue responding to the first wave of COVID-19, Banner Health is being hit hard for the second time. Exclusive of CARES Act funding, Banner forecasts operating losses of $500 million for fiscal year 2020 as compared to initial budget expectations, with expected revenue losses approaching $1 billion for the year. Banner Health has brought in more than 750 nurses and respiratory therapists to meet the needs of COVID-19 patients and plans to add 350 to 375 more by late July to meet surging demands. |
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