The majority of healthcare professionals treating Covid-19 patients worry about becoming ill. Yet, according to Bain & Company’s latest survey of US healthcare workers, nearly two-thirds of them aren’t getting additional mental health resources to help cope with the stress, and one-quarter expect a compensation cut for the month of April. With ER and ICU doctors’ and nurses’ safety already at risk, these factors present an additional threat to frontline clinicians’ well-being. As hospitals lose revenue from the elective surgeries canceled to protect patients and preserve supplies for frontline physicians, additional pay cuts are likely in the coming months.
Joshua Weisbrod, a Bain & Company partner based in New York, leads the firm’s Healthcare practice in the Americas. Michael Brookshire is a partner in Bain’s Healthcare practice and is based in Dallas. Erin Ney is a board-certified internist and an expert manager in Bain’s Healthcare practice; she is based in Boston.
More insights from our most recent Frontline of Healthcare survey:
The global Covid-19 pandemic has extracted a terrible human toll and spurred sweeping changes in the world economy. Across industries, executives have begun reassessing their strategies and repositioning their companies to thrive now and in the world beyond coronavirus.