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Providence posts $222M operating loss in Q1 as COVID-19 surges cause drop in operating revenues

Providence posts $222M operating loss in Q1 as COVID-19 surges cause drop in operating revenues
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Hit by higher prices for gear, doctors and dentists want insurers to pay


May 8, 2021 6:35pm
California’s dentist and doctor lobbies say insurance companies are flush with cash after collecting premiums during the pandemic but paying fewer claims than usual and should foot the bill for expenses. (Getty/tuachanwatthana)
SACRAMENTO Treating patients has become more expensive during the pandemic, and doctors and dentists don’t want to be on the hook for all the new costs.
For instance, the box of 100 gloves that cost $2.39 in February 2020 costs $30 now, said Dr. Judee Tippett-Whyte, president of the California Dental Association, who has a private dental practice in Stockton.
Her practice used to rely on surgical masks that cost 20 cents each but has upgraded to N95 masks at $2.50 a pop. On top of that, her office is scheduling two or three fewer patients each day to accommodate physical distancing and give staff members time to disinfect between patients, she said. ....

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