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Related Experiment Videos

More dollars for New York.

Cinda Becker

    Modern Healthcare
    |May 7, 2002
    PubMed
    Summary

    The Greater New York Hospital Association quantified financial losses from the Sept. 11 attacks. This led to additional emergency funding from the Department of Health and Human Services (HHS) for affected healthcare organizations.

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    Area of Science:

    • Healthcare Management
    • Public Health Policy
    • Emergency Response

    Background:

    • The September 11th terrorist attacks caused unprecedented direct financial losses to healthcare organizations in the Greater New York area.
    • Immediate assessment of economic impact was crucial for securing aid and planning recovery efforts.

    Purpose of the Study:

    • To quantify the direct financial losses incurred by healthcare organizations due to the September 11th terrorist attacks.
    • To advocate for and facilitate the allocation of emergency funding to support affected institutions.

    Main Methods:

    • The Greater New York Hospital Association conducted a detailed analysis of financial data.
    • Economic impact assessment methodologies were employed to calculate losses.

    Main Results:

    • The study successfully quantified the staggering financial losses experienced by healthcare providers.
    • The findings directly contributed to the Department of Health and Human Services (HHS) announcing a new round of emergency funding.

    Conclusions:

    • Quantifying economic damage is essential for effective disaster response and aid allocation.
    • Timely financial assessments by healthcare associations can directly influence government relief efforts.

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