A Risk & Insurance article by PMA's Monica Manske, Senior Strategic Consultant, Risk Control
Businesses of all types have been impacted by the COVID-19 pandemic.
For example, some hospitals have lost millions of dollars because of shortfalls from cancelled procedures and services, limits on in-patient populations, purchases of unplanned equipment and supplies, reduced productivity and restructuring costs to care for patients and employees in the COVID-19 environment.
Despite the challenges of the pandemic, organizations can pivot towards revitalization and approach their operations through the lens of new experience.
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