Medical Technology Stocks Face a Coronavirus Swoon

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Medical Technology Stocks Face a Coronavirus Swoon
France Dernières Nouvelles,France Actualités
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As hospitals put a hold on nonessential surgeries, they’re also deferring purchases of equipment. WSJheard explains why health care should be prepared for major disruption. WSJWhatsNow

For years hospitals and large physician practices had a steady, predictable stream of sales and profits. The coronavirus disaster has scrambled that dynamic.

Hospitals across the country have suspended elective procedures to help cope with a surge in Covid-19 patients. Elective procedures can include anything from nonessential cosmetic fixes, such as a rhinoplasty to more serious surgeries like hip replacement.

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