The Official "Business Destroyed By Lockdown" Thread

[bwframe]

Oops, sorry! May have been mistaken on this article. I used up all of my freebies also. ****ing IBJ and their subscription BS.

 

[bwframe]

Claddagh Irish Pub closes permanently downtown after exit of Plainfield restaurant - Indianapolis Business Journal

The downtown Claddagh opened in 2000 and was the first location in a chain that at one time numbered as many as 17 locations around the Midwest. Most if not all of its locations have since closed.

www.ibj.com

 

[IndyBeerman]

Claddagh Irish Pub closes permanently downtown after exit of Plainfield restaurant - Indianapolis Business Journal

The downtown Claddagh opened in 2000 and was the first location in a chain that at one time numbered as many as 17 locations around the Midwest. Most if not all of its locations have since closed.

www.ibj.com

Not a result of Covid, but it just hastened it's death.

From the article:

"Most if not all of the chain’s restaurants have closed in recent years."
If my source from by old Beer delivery job is correct, they was put on a Immediate payment, cash or certified check in 2018, could no longer have a escrow account.

When beer and liquor distributors put you on c.o.d., that is the first sign of the ship is sinking faster than they can bail the water out.

 

[bwframe]

Capital Improvement Board ends 2020 with $40M deficit - Indianapolis Business Journal

The agency, which operates the Indiana Convention Center, Lucas Oil Stadium, Bankers Life Fieldhouse and Victory Field, was hit hard by the pandemic, with annual revenue off more than 50% from the previous year.

www.ibj.com

 

[IndyBeerman]

Capital Improvement Board ends 2020 with $40M deficit - Indianapolis Business Journal

The agency, which operates the Indiana Convention Center, Lucas Oil Stadium, Bankers Life Fieldhouse and Victory Field, was hit hard by the pandemic, with annual revenue off more than 50% from the previous year.

www.ibj.com

Well when you have no Indpls Indian's baseball, NBA ball played in Orlando and 25% or less capacity for NFL games, it's a little hard to generate revenue.

 

[hoosierdoc]

My ER group has seen a 25% drop in patients compared to a year ago. we have already cut two FTE positions.

 

[bwframe]

How do these numbers compare to free states, like South Dakota and Florida?

 

[DoggyDaddy]

My ER group has seen a 25% drop in patients compared to a year ago. we have already cut two FTE positions.

Failure To Eject positions? (Sorry, this IS a gun forum after all. )

 

[hoosierdoc]

Failure To Eject positions? (Sorry, this IS a gun forum after all. )

full time equivalents. basically fired two docs. ultimately we did this through retirement attrition and us working less overtime. but sucks

 

[dudley0]

full time equivalents. basically fired two docs. ultimately we did this through retirement attrition and us working less overtime. but sucks

What happens when you need the extra positions? Not like you can call a temp service for a doc.

Sorry to hear it's still happening to you. I know a few people that will say hell he's a doctor, he can afford it. But I hear people saying the same stuff about me owning rentals. Life ain't free, at least not for me.

Best of luck working thru this.

 

[hoosierdoc]

What happens when you need the extra positions? Not like you can call a temp service for a doc.

Sorry to hear it's still happening to you. I know a few people that will say hell he's a doctor, he can afford it. But I hear people saying the same stuff about me owning rentals. Life ain't free, at least not for me.

Best of luck working thru this.

the problem comes when our volume spikes 50% on a day and we don't have staff for that. The ER is always either understaffed over overstaffed. if you are too overstaffed you can't make payroll.

we pay 100% of medical and malpractice insurance fees for 55 employees, other than their HSA co-pays. the loss in revenue actually cost us 4 FTE worth of revenue.

first we lowered our physician coverage and took huge hits to our bonus (which makes up 50% of our compensation). Next step is making our employees pay more of their benefits or reducing their bonus/salary.

our reimbursement is getting cut 6% by Medicare this year, our administrative overhead is getting worse. cost to do business going up, and patient volumes going down. that's not sustainable

 

[dusty88]

How do these numbers compare to free states, like South Dakota and Florida?

The ER docs I know in other states are quite busy, but they attribute most of that to covid. (Pennsylvania and New York come to mind). They haven't mentioned their #s just that they are exhausted and pulling extra shifts. They also are seeing things that people put off too long.

In any case, ERs weren't closed by any states. So this is more a matter of choice if people aren't going to ERs.

 

[bwframe]

Thanks for the info folks!

 

[Ingomike]

Thanks for the info folks!

It is always good when we have those that can correct the record for those actually working in the trenches...

 

[hoosierdoc]

The ER docs I know in other states are quite busy, but they attribute most of that to covid. (Pennsylvania and New York come to mind). They haven't mentioned their #s just that they are exhausted and pulling extra shifts. They also are seeing things that people put off too long.

In any case, ERs weren't closed by any states. So this is more a matter of choice if people aren't going to ERs.

yes, people are choosing not to come. but we made a business model because we are obligated by law to see all those who show up and we have zero clue how many that will be.

idiots were telling people to not go to the ER. the only time we were overwhelmed was a few months ago, and that was because hospital was full, not because the ER was busy. the hospital just had 75% of our rooms full of inpatients and we couldn't see anyone

the job market for EM has been destroyed. shifts cut way back nationwide. when the "worst pandemic in our lives" nearly leads to healthcare going bankrupt due to lack of patients I think it shows how absurdly stupid we handled this

 

[dusty88]

yes, people are choosing not to come. but we made a business model because we are obligated by law to see all those who show up and we have zero clue how many that will be.

idiots were telling people to not go to the ER. the only time we were overwhelmed was a few months ago, and that was because hospital was full, not because the ER was busy. the hospital just had 75% of our rooms full of inpatients and we couldn't see anyone

the job market for EM has been destroyed. shifts cut way back nationwide. when the "worst pandemic in our lives" nearly leads to healthcare going bankrupt due to lack of patients I think it shows how absurdly stupid we handled this

If you don't mind my asking, what do you mean by "75% of our rooms full of inpatients and we couldn't see anyone"


Since all the other ER docs I know (about 10 total) are swamped, I don't question your personal experience but do wonder what the info is on "shifts cut back" . I suppose it's too soon to have data on job openings, salaries, etc. I know many had problems early in the pandemic when people were scared to come to ERs (but not forbidden by government) then they got swamped later in the pandemic.

I sincerely regret any problems you are having with your job or salaries. Not only for you, but because in the end that will cause problems for any of us that need ER visits.

 

[hoosierdoc]

https://www.washingtonpost.com/health/2021/01/04/er-doctors-covid-jobs/

 

[hoosierdoc]

If you don't mind my asking, what do you mean by "75% of our rooms full of inpatients and we couldn't see anyone"


Since all the other ER docs I know (about 10 total) are swamped, I don't question your personal experience but do wonder what the info is on "shifts cut back" . I suppose it's too soon to have data on job openings, salaries, etc. I know many had problems early in the pandemic when people were scared to come to ERs (but not forbidden by government) then they got swamped later in the pandemic.

I sincerely regret any problems you are having with your job or salaries. Not only for you, but because in the end that will cause problems for any of us that need ER visits.

we have about 55 rooms, and at times we were holding up to 40 inpatients who were admitted but had no inpatient room. a problem is our hospital takes a lot of referrals from outside smaller hospitals. so their sick people come to us and help fill our hospital. so now we're an ER who sees 180 patients a day (it used to be 220 before covid) and we have 20 rooms to do it in. so the waiting room backs up, people choose not to be seen, or go somewhere else. it's bad.

covid is very regional. I'm sure TX and CA are really busy now. but the vast majority of people I talk to are way down

 

[HoughMade]

You’ll be “happy” to know that the med mal lawsuit biz is in growth mode.

 

[bwframe]

You’ll be “happy” to know that the med mal lawsuit biz is in growth mode.

This certainly keeps the medical bills down, eh?