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Whatever the other merits of this proposal, funneling another ~$30B to hospitals is the antithesis of "targeted relief."

A dozen hospital chains just presented at #JPM21, two weeks ago.

General theme: Financially speaking, hospitals are doing quite well. 1/n


We have, for example, Community Health Systems, which operates 89 hospitals in 16 states, many of them in smaller towns / metro areas.

Through the pandemic, CHS's EBITDA margin never even fell into single digits, and profitability actually *increased* in 2020.


Meanwhile, Lifepoint Health (84 hospitals, 30 states) also saw profits increase in 2020, while its cash-to-debt ratio fell. Pretty solid year.


ProMedica Health (non-profit, 13 Midwestern hospitals) actually saw profits increase even in *the first half of 2020,* when hospitals were supposedly facing catastrophe.

They finished the year with ~$440M of EBITDA, and $2.3B of cash on hand.


Baylor Scott & White (52 hospitals) saw its profit margin *more than double* during the pandemic year, and ended September with $7.8 billion of cash and portfolio investments.

That's about $600M more than they had pre-pandemic.
This month, in honor of Black History Month, we wanted to highlight 17 Black chemists you might have missed in class:


Winifred Burks-Houck was an environmental organic chemist and the first woman president of @NOBCChE. During her work at @Livermore_Lab she minimized threats to worker safety and limited the lab’s environmental impact. Learn more about her at
https://t.co/XY47pzQbuU #BlackInSTEM


Charles Drew, better known as the father of the blood bank, found that blood could be preserved longer once the plasma and the red blood cells were separated. A well-timed finding, since WWII was breaking out in Europe. Read more about Drew at https://t.co/GuSZajs8OO #BlackInChem


James Andrew Harris played a key role in the discovery of two elements. During his time @BerkeleyLab in the ’60s, Harris and his team discovered two elements: 104, rutherfordium, and 105, dubnium. Learn more about Harris at https://t.co/HKjp7jaPFN #BlackInChem #BlackInSTEM


Angie Turner King was a prominent chemist educator in a period when few women—let alone Black women—were scientists. She built a successful career and mentored many accomplished scientists. Read more about King at https://t.co/pwmycraxYP #BlackInSTEM #WomenInSTEM #ChemEd