Covid-19 Pandemic

Covid-19 Pandemic

Bloomberg Bloomberg   Here’s the latest news from the global pandemic. China seals region of 400,000 to contain virus clusterVirus cases surge in Australias Victoria hotspotTexas is becoming the center of the U.S. outbreak   Telehealth’s long-term staying power   Whoever said “an Apple a day keeps the doctor away” didn’t have a computer in mind. But with more Americans staying away from doctors’ offices because of Covid-19, the use of telehealth has been surging.  In the early stages of the pandemic, health-care systems prioritized urgent medical issues and delayed optional care, leading to a 60% drop in outpatient visits in April. Simultaneously, telemedicine visits surged by as much as 14%, according to data from Harvard University and Phreesia, a health-care software company. The move toward doing more health care online has helped squeeze the finances of many physician practices. Research from Health Affairs shows that U.S. primary care offices could lose $15.1 billion in revenue this year due to Covid-19. While telehealth keeps medical practices working, it is generally not as lucrative—reimbursement rates from insurers are typically lower for online appointments. While the U.S. continues to thrust itself into reopening, in-person visits have begun to rise. Still, business remains slow, and telehealth is still being used more often than it ever was in the past. But how accessible is telehealth for people who don’t have access to a stable internet connection, computers, or the ability to fix technology snags when they arise? For all its benefits in a pandemic, practicing medicine over the Internet has pitfalls.—Aysha Diallo   Track the virus   Which Drug Will Be a Life-Saver? Save the date: What will post-pandemic travel look like? Join our latest virtual Bloomberg New Economy Conversation to hear from four CEOs with insight into what may happen. Brian Chesky of Airbnb, Arnold Donald of Carnival, Shannon Knapp of Leading Hotels of the World and Paul Griffiths of Dubai Airports lay out their visions on June 30, at 10 a.m. EDT. Get details and register here.   What you should read   Europe’s Economy Slowly Picks Up the Pieces Jobs outlook is still as much as 60% below pre-virus level.   Thailand to Start Business-Travel Bubbles Plans to allow foreign business travelers for first time since March.   Johnson Pledges Post-Pandemic Prosperity Plan Infrastructure to be key focus in Boris Johnson’s speech on Tuesday.   India’s Workers Don’t Want to Return to Cities Ripple effects of mass migration are being felt across economy.   Balancing Airline Safety with Virus Security TSA updated procedures, but doesn’t require passengers to wear masks.   Know someone else who would like this newsletter?  Have them sign up here. Have any questions, concerns, or news tips on Covid-19 news? Get in touch or help us cover the story. Like this newsletter? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close.   Follow Us Get the newsletter   You received this message because you are subscribed to Bloomberg’s Coronavirus Daily newsletter. Unsubscribe | Bloomberg.com | Contact Us Bloomberg L.P. 731 Lexington, New York, NY, 10022